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Question
question 7 of 14
what term describes the tendency to follow the actions and decisions of a group?
select an answer from the options below
a herd mentality
b anchoring bias
c mental accounting
d rational choice theory
partial visible options: they follow the actions and opinions of a group. they make decisions based on mental shortcuts and cognitive biases.
Herd mentality refers specifically to the tendency of individuals to follow the actions, opinions, and decisions of a group. Anchoring bias is relying too heavily on an initial piece of information, mental accounting is categorizing and treating money differently based on context, and rational choice theory is a model of decision-making based on rational self-interest.
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A. Herd mentality