Caesar Company needs to purchase a new delivery truck. Rather than taking the time to research which truck would best fit the company's needs, the manager calls his friend to ask which truck he would recommend. The manager is exhibiting ________
A) bad judgment
B) overconfidence bias
C) availability bias
D) anchoring bias
Answer: C
Business
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_____ are costs that are shared in the manufacturing and marketing of several products in a product line
a. Overhead costs b. Fixed costs c. Joint costs d. Opportunity costs
Business
A broker had a listing in which part of it was oral and part of it was written and signed above the initials LS but all parties understood all the terms and conditions and agreed to them.which best describes his agreement?
A. Parol B. Formal C. Unilateral D. Parole and formal
Business