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Gnoma [55]
3 years ago
13

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 heuristicB. confirmation biasC. sunk cost biasD. Adjustment heuristic
Business
1 answer:
CaHeK987 [17]3 years ago
5 0

Answer:

C. sunk cost bias

Explanation:

Sunk cost bias can be better explained by a regular everyday situation: probably your mother (or sister, or aunt) bought a pair of shoes that she loves because they are gorgeous and expensive. Women have a tendency to self impose torture when it comes to gorgeous and expensive shoes, since they will insist on using them even if their feet are constantly in pain. When you ask them why they do it, they will always answer that she likes them so much and they were so expensive, that she has to wear them.

This same logic applies to stubborn managers that know that they are making a bad (or not so good decision), but since they already made a bad decision before, they will stick to their prior choice no matter what.

You might be interested in
The following items may appear on a bank statement: 1. NSF check 2. EFT Deposit 3. Service charge 4. Bank correction of an error
stealth61 [152]

Answer:

1. NSF check

- Appears on the Bank Statement as: Debit Memo

- Decreases the Balance of the Company's Bank Account

2. EFT Deposit

- Appears on the Bank Statement as: Crediit Memo

- Increases the Balance of the Company's Bank Account

3. Service charge

- Appears on the Bank Statement as: Debit Memo

- Decreases the Balance of the Company's Bank Account

4. Bank correction of an error from recording a $300 deposit as $30

- Appears on the Bank Statement as: Debit Memo

- Increases the Balance of the Company's Bank Account

7 0
3 years ago
a machine produces 374 bolts in 33 minutes. At the same time rate how many minutes would it take to produce 272 bolts
hammer [34]
The answer is 24 minutes.

3 0
3 years ago
List some career paths that involve little to no paper work​
rosijanka [135]

Answer:

not sure if this helps but here :D

Explanation

being an assistant is great for your record for when you want to change a job . another good job is working with food at cafes or fast food this has little or no paper work! also another good way is babysitting (if you like kids).

I hope this helped :D

7 0
3 years ago
Proper marketing objectives have required elements to make them effective. Which of the following is the best example of how a m
Alinara [238K]

Answer:

the answer is c) To increase awareness by 20% in the next year

Explanation:

The objectives in the business and companies in the world, in this case marketing need to have a quantifiable goal and  estimated time of duration, in this case the option a)  doesn't have a number that measure the percentage of the market share, and in the option b) doesn't have an estimated time for example one year or  10 months. Due that the option c) accomplish with the two conditions the answer is c)

3 0
3 years ago
Cause-related marketing is ________. a response to customer needs a primary form of environmental awareness a primary form of co
disa [49]

Answer:

C, a primary form of corporate giving

Explanation:

Corporate giving can be defined as gifts or donations made by a corporation to its environment.

It can also be said to be the social and/or philanthropic contributions of a corporation to its environment.

Clause-related marketing is one in which a corporation uses its activities to market another corporation.

This type of marketing is an form of corporate giving as it helps to put focus on the other company through its own activities in that company.

Cheers.

4 0
3 years ago
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