QUESTION IMAGE
Question
multiple choice question
in the ______ bias, managers use information readily available from memory to make judgments.
availability
confirmation
sunk - cost
alternative
Brief Explanations
The availability bias is when individuals rely on information that is easily accessible in their memory to make judgments. Confirmation bias is about seeking information that confirms pre - existing beliefs. Sunk - cost bias relates to being influenced by past investments. Alternative is not a relevant bias here.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. availability