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Managers Need to Be Cautious About Biases That Can Encroach

Question 41

Multiple Choice

Managers need to be cautious about biases that can encroach and therefore impact their decisions. Which of the following biases results from believing certain outcomes because others believe the same?


A) Confirmation
B) Loss aversion
C) Bandwagon
D) Overconfidence
E) Unrealistic optimism

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