Which of the following describes the concept of availability bias? Flag this Que

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Which of the following describes the concept of availability bias?

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Question 21 pts

Perceptual biases have nothing to do with unethical decisions.

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Question 31 pts

Framing refers to whether questions are bounded.

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Question 41 pts

Managers sometimes fail to identify the problem correctly at the start of the decision-making process.

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Question 51 pts

______ need to focus on individual performance and avoid comparisons that may result in the contrast effect.

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Question 61 pts

PsyCap characteristics gives no application to ______.

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Question 71 pts

According to research, The Big Five traits can be used ______.

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Question 81 pts

In the Big Five theory of personality, a person’s willingness to embrace new ideas and situations describes the personality trait of ______.

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Question 91 pts

In comparing Myers-Briggs Type Indicator and the Big Five theory, which of the following statements represents a key takeaway?

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Question 101 pts

You are interviewing for a job with a company that transparently espouses the virtues of the Big Five personality traits. Your interviewer has just asked the following question: “We’re a young company operating in a turbulent technological environment. Things change extremely quickly. Tell me about your experience in dealing with uncertainty and stress.” Which of the Big Five personality traits is your interviewer most likely trying to assess?

Explanation / Answer

1. Ans. When a person judgement are based upon what most readily comes into their mind.

Availability bias is defined as thoughts that immediately come to the mind while evaluating a particular subject.

2.Ans. False

Because perception bias can influence a decision based on the decision makers reactions and thoughts after evaluating the subject through which senses of sight, touch, smell, taste or hearing.
So a person can make an ethical decision based on his own perception about the subject being discussed.

3.Ans. False
Framing refers to type of cognitive bias where the reaction of an individual is dependent on the way in which information is presented. For example a glass is half full or glass is half empty.

4.Ans. True
Manager sometimes fail to identify problem correctly at the start of decision making process due to which they have to face severe consequences. This is result of incomplete detailed analysis regarding the problem leading to wrong decision making.

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