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Salsk061 [2.6K]
3 years ago
14

Business managers are often overly confident of their own hiring ability because they are more likely to monitor the successes o

f people they hired than the achievements of those they rejected. This illustrates that overconfidence may be facilitated by
A. an algorithm.
B. the framing effect.
C. prototypes.
D. confirmation bias.
Business
2 answers:
Bond [772]3 years ago
8 0

Answer:

D) confirmation bias.

Explanation:

Confirmation bias refers to look for information that supports any decision or action that you made earlier. People have the tendency of seeing what they want to see (the half full or half empty glass).

In this specific case, the managers are faced with a double problem, since they will not only try to justify why they hired someone, but they also don't have information about what happened to those applicants that weren't hired. Usually, unless the rejected applicant becomes really famous and notorious (for good or bad reasons), managers will lack any evidence that favors or discredits their hiring decisions.

olya-2409 [2.1K]3 years ago
5 0

Answer:

Confirmation bias

Explanation:

Confirmation bias occurs from the direct influence of desire on beliefs. When people would like a certain idea or concept to be true, they end up believing it to be true. They are motivated by wishful thinking. This error leads the individual to stop gathering information when the evidence gathered so far confirms the views or prejudices one would like to be true. Once we have formed a view, we embrace information that confirms that view while ignoring, or rejecting, information that casts doubt on it. Confirmation bias suggests that we don’t perceive circumstances objectively.  A confirmation bias is a type of cognitive bias that involves favoring information that confirms your previously existing beliefs or biases.

For example, imagine that a person holds a belief that left-handed people are more creative than right-handed people. Whenever this person encounters a person that is both left-handed and creative, they place greater importance on this "evidence" that supports what they already believe. This individual might even seek "proof" that further backs up this belief while discounting examples that don't support the idea.

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Suppose the cost per hour incurred in operating a cruise ship is 3a + bv3 dollars per hour, where a and b are positive constants
Airida [17]

Answer:

Suppose the cost per hour incurred in operating a cruise ship is 3a + b v^{2}dollars per hour, where a and b are positive constants and v is the ship's speed in miles per hour. At what speed (in miles per hour) should the ship be operated between two ports, at a distance D miles apart, to minimize the cost? (Hint: Minimize the cost, not the cost per hour.)

<em>The speed at which the ship would maximize cost is </em>\sqrt[3]{\frac{3a}{2b} }

Explanation:

The problem can be solved using differentiation to get the minimum value of the speed to travel between the two ports. Step by step calculation is contained in the attached images;

3 0
3 years ago
Sunland Co. at the end of 2017, its first year of operations, prepared a reconciliation between pretax financial income and taxa
Rzqust [24]

Answer:

Deferred Tax Liability= $564,000

Explanation:

The question is to determine the deferred tax liability to recognize by Sunland Co. at the end of the year 2017.

Step 1 :

We determine what the Income tax expense is for the year

Income tax expense= Pretax financial income x Income Tax rate

Income tax expense= $1,410,000 x 0.30 = $423,000

Step 2:

Although we recognized receivables as well as instalmental sales for reporting purposes under the accrual method. However, these will be subject to tax when we decide to recognize it in the future.

As such Deferred tax liability = Future Tax Liability

Deferred Tax liability for Sunland Co= Instalmental Sales x Income tax expense

= $1,880,000 x 0.3= $564,000

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Answer:

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Explanation:

3 0
3 years ago
Read 2 more answers
I NEED THIS ASAP
scoray [572]

A Digital Lab is a good digital learning environment for someone who is studying science.

Electronic Health Records are technology trends found in the field of medicine.

If you are looking for an out-of-print copy of a book, you should check a <u>Digital Library</u> .

(I just answered the question on Edgenuity myself)

7 0
3 years ago
Incremental budgeting allocates increased or decreased funds to a department by using the last budget period as a reference poin
zloy xaker [14]

Answer:

True

Explanation:

The incremental budget technique is an important management accounting technique, which is prepared by making minimal changes in the previous budget. The budget is designed by allocating funds by using the preceding budget as a reference point. Incremental budget encourages spending up to the budget. It also helps to make sure that a reasonable budget is allocated for the next period.

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3 years ago
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