Question: A manager needs to make a decision concerning suppliers for a new product line. He needs to assess which heuristics he should be most concerned
A manager needs to make a decision concerning suppliers for a new product line. He needs to assess which heuristics he should be
most concerned with committing. What is the best way to avoid these heuristics?
Availability and representativeness. A group decision.
Availability heuristic. BigC creativity.
Anchoring and adjustment, and representativeness. Avoiding escalating commitment.
Availability, and anchoring and adjustment. Avoiding confirmation error.
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