Quiz Ch 22 – Manager’s Decision-making Bias

Fundamentals of Corporate Finance

Ross, Westerfield, and Jordan

13th Edition

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What bias is demonstrated by a manager who believes the economy is in a recession, expects low sales, and decides to offer a storewide sale assuming that their superiors and other store managers share the same belief?

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  • Search Terms: a) a about all along and applies are as at be believe bias b) complete consensus e) criticize decide decision discretion do. don't economy expect fallacy d) false feel following for gambler's have illusion in is law location, low. majority manager managers, merchandise money month numbers c) of off offer one other over percent period. pricing recency recession retail sale sales same since small store store. storewide superiors ten that the they, this three-day to unusually way which will with you you? your
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