Answer:
The planning fallacy
Explanation:
The planning fallacy concept was first given by Denial Kahneman in 1977.it is the most universal and consistent demonstrated cognitive bias that most people do have. There is common misconception related to the planning fallacy is that people underestimate the time, cost and risk that it will take to do something, If they have already experience about the task entails. It is an overly optimistic plan.
<u>For example:</u> A house can be built on time, if there is no payment delay, no employee absences, no hazardous weather conditions. But there is most probably chances of one condition that can occur.
Underestimate the fallacy will lead a project in delaying. Optimism is a great quality but sometimes it creates hazardous when you underestimate time and cost and will leads to the in-completion of the projects.
This would be maintenance rehearsal, the practice of repeating something either verbally or in your head to hold in short term memory.
Answer:
5 to 9 members
Explanation:
Optimal number is simply known to be the best or favorable or required number at a particular point in time.
Normally, every work, especially works that related to sport use to have the required number of people that can work with them at a particular time, most especially when going for a game.
In this case, the expert suggested that, the optimal number of members for a team should be within 5 to 9. And this should include all the needed personnel.
Joint stock company was formed in Britain in the 16th century with the principal purpose of pursuing trade with other countries, India especially. The joint stock company was of significant help to the growth of the British empire because the company rose to account for half of the world trade, particularly in basic commodities. This pumps a lot of money into the economy.
Also, the joint stock company signifies the beginning of the British empire in India. All these greatly influence the economy of the British empire making it to grow rapidly and gained more influence in the world.<span />
the armies couldn't be unified to stop an enemy from attakingand made them seem weaker and easier to invade