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      Question

      A decision that is based on bad logic and reasoning is

      suffering from which of the following?
      A Perception Correct Answer Incorrect Answer
      B Bias Correct Answer Incorrect Answer
      C Judgment error Correct Answer Incorrect Answer
      D Defect Correct Answer Incorrect Answer
      E Irrationality Correct Answer Incorrect Answer

      Solution

      Judgment errors or business errors or mistakes occur due to poor decision making. Judgments are based on bad logic and reasoning. Judgement errors are different from biases in the sense that biases focus on small bits of information instead of the entire information for arriving at a decision.

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