Question: 8. When a manager makes a decision about someones annual pay raise only after looking at the persons current salary, the risk is that the

8. When a manager makes a decision about someone’s annual pay raise only after looking at the person’s current salary, the risk is that the decision will be biased because of _____________.

(a) a framing error

(b) escalating commitment

(c) anchoring and adjustment

(d) strategic opportunism

Step by Step Solution

★★★★★

3.32 Rating (149 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Exploring Management Questions!

1. When the members of a special task force are asked to develop a proposal for increasing the international sales of a new product, this problem most likely requires _____________ decisions. (a)...

When a manager makes a decision about someones annual pay raise only after looking at his or her current salary, the risk is that the decision will be biased because of ____________. (a) a framing...

Summarize the following chapter in your words: (Basic elements of individual behavior in organizations) What is individual behavior in organization? The people who populate today's business world are...

I need the multiple choice questions answers from chapter 4 and 5 of the attached & Monograph...

5 Attraction to Groups Learning Objectives What We Will Be Investigating What makes a group work most efficiently? What techniques are available to make group members feel more as if they are part of...

Chapter 5 Theories of Motivation LEARNING OBJECTIVES After reading this chapter, you should be able to do the following: 1. Understand the role of motivation in determining employee performance. 2....

Article - What to Do When Workers Hit the Top of Their Pay Range 1a. What are the three biggest take-aways from the article 'What to Do When Workers Hit the Top of Their Pay Range'? 1b. How does the...

\f 134 THE BIG SQUEEZE munications Workers of America that has sought to unionize high"tech workers. "They hire whomever Microsoft tells them to put on their payroll. Then they p~ocess their...

If 12.39 g of Urea (CN_(2)OH_(4)) are produced when 8.87 g of Ammonia react completely with Carbon dioxide gas, what is the percent yield for this reaction? 2NH_(3)(g) + CO_(2)(g) CN_(2)OH_(4)(s) +...

\f 134 THE BIG SQUEEZE munications Workers of America that has sought to unionize high"tech workers. "They hire whomever Microsoft tells them to put on their payroll. Then they p~ocess their...

Starbucks Coffee Co. uses a data based approach to improving the quality and customer satisfaction of its products. When survey data indicated that Starbucks needed to improve its package sealing...

Describe the difference between boundary crossing and boundary violations in a counseling relationship. How do the ACA and the NAADAC address these concepts?

If a firm has no debt, then ROA is blank ROE

The results of a sample survey based on cluster sampling follow: M = 5,500 and N = 300 Find a 95 % confidence interval for the population mean. Cluster n 1 2 4.2 2 5 2.3 3 7 8.4 4 3 5.3 5 6.1

What does it mean in an international business sense if a U.S. senator says she favors "protectionism"?

What is the difference between currency risk and political risk in international business?

Picture yourself sitting in a discussion group at the local bookstore and proudly signing copies of your newly published book, Business Transitions in the New Global Economy. A book buyer invites a...

With the effective interest method of amortization, the amortization of a bond discount results in a(n) a. increase in stockholders' equity. Ob. decrease in interest expense. OC. increase in interest...

Traders Inc. enters into a three-year office maintenance contract with its customer for $756,000 ($252,000 per year, to be paid at the end of each year). The $252,000 per year is the standalone...

The Sterling Tire Company's income statement for 20XX is as follows: STERLING TIRE COMPANY Income Statement Year ended December 31, 20xx Sales (25,000 tires at $40 each) Less: Variable costs (25,000...