Question
Which of the following is a common bias that can affect
managerial decision-making?Solution
Anchoring bias occurs when individuals rely too heavily on the first piece of information they encounter (the "anchor") when making decisions. This bias can lead to skewed decision-making, especially if the anchor is irrelevant or misleading.
The ‘Grow More Food’ campaign was launched in the year:
Which scientist suggested that the magnet must also exert an equal and opposite force on the current-carrying conductor?
The Meenakshi Temple at Madurai is an example of which type of temple?
Consider the following statements about natural phenomena.
1. Penitentes are formed in high altitudes where sunlight turns ice directly into wate...
Which of the following is a tidal port?
Who among the following won the Hockey India Dhruv Batra Award for Player of the Year (Men) at the Third Annual Hockey India Awards in March 2020?
What has been the Global Birth Rate (crude) in the year 2020, according to the World Bank?
Taxes imposed on a goods exported to a country are called-
Which of the following statements regarding the District Planning Committee and Metropolitan Planning Committee is/are correct?
1. In case of the...
What is the most effective method for boosting the sales of a product?
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