Asked by Katelyn Nartiff on Jul 19, 2024
Verified
Because it can expose them to unreasonable risks, managers need to understand
A) logic.
B) psychology.
C) overconfidence.
D) groups.
E) certainty.
Overconfidence
A cognitive bias characterized by an individual's belief that they are more capable or knowledgeable than they truly are.
Unreasonable Risks
Risks that are not justifiable in context, often exceeding the potential benefits or involving dangers that could have been avoided with prudent judgment.
Logic
The science that investigates the principles governing correct or reliable inference and reasoning.
- Acquire knowledge about the effect of presentation and framing on making decisions.
Verified Answer
Learning Objectives
- Acquire knowledge about the effect of presentation and framing on making decisions.
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