Decides to proceed with course of action

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Reference no: EM132230682

1. If a business manager decides to proceed with a course of action although the manager has information that suggests the need to rethink the decision, the manager is being influenced by?

A. anchor heuristic

B. confirmation bias

C. sunk cost bias

D. Adjustment heuristic

2. From a traditional economic point of view, a firm was viewed as ___________ which sought to maximize its profits.

A. a combination of markets and relationships

B. a series of relationships

C. a moral Actor

D. a market actor

3. A histogram is based on binning the variable, which means putting the variable into discrete categories.

True or False?

4. Measuring characteristics such as “quality of team member cooperation” and “morale of team members” generally takes the form of __________characterizations.

all of the above

indicative

verbal

raw number

Reference no: EM132230682

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