New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which bias in management involves the tendency to

    prioritize information that confirms pre-existing beliefs?
    A Anchoring bias Correct Answer Incorrect Answer
    B Confirmation bias Correct Answer Incorrect Answer
    C Framing bias Correct Answer Incorrect Answer
    D Escalation of commitment Correct Answer Incorrect Answer
    E Recency bias Correct Answer Incorrect Answer

    Solution

    Confirmation bias is the tendency to seek out, interpret, and prioritize information that confirms one’s pre-existing beliefs or hypotheses, while discounting information that contradicts them. This can lead to flawed decision-making.

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