Decision-Making Biases This activity is important because you will make important decisions in your career and should understand that people tend to make certain decision errors due to bias. One of the reasons we make bad decisions is because we have to rely on our perceptions Our perceptions can be useful, but they can also be distorted versions of reality. Perceptions can often be dangerous in decision making because we tend to make assumptions based on them. The goal of this exercise is to demonstrate your knowledge of decision-making biases. The following activity goes through some of the common faulty perceptions that impact decision-making and asks you to match each decision-making bias to a corresponding description Read the following examples of problems we have with decision making. Then, assign each example to the appropriate type of decision-making blas. Customer Reviews Availability Hot Shot Successful Mondays Anchoring Successful Mondays Hot Shot Representative Setting Salary Recency Setting Salary Customer Reviews TRUNG wuu UCCISIVIS is vecause we have to rely on ou perceptions can be useful, but they can also be distorted versions of reality. Perceptions can often be dangerous because we tend to make assumptions based on them. The goal of this exercise is to demonstrate your knowledge of decision-making biases. The following activity goe common faulty perceptions that impact decision-making and asks you to match each decision-making bias to a ce description. Read the following examples of problems we have with decision making. Then, assign each example to the appropriate type of decision-making bias. Laurie assumed that her sales calls were more successful on Mondays because it was easier for her to remember what she did on the first day of the week. In reality, she was actually more successful on Thursdays. Customer Reviews Availability Anchoring Successful Mondays Representativeness Hot Shot Recency Customer Reviews Setting Salary Reset UUDIVI Making and asks you to match each decision-making bias to a corresp escription Read the following examples of problems we have with decision making. Then, assign each example to the appropriate type of decision-making bias. Kevin, who had been a star sales person, was most likely to get the promotion because of his past success. Customer Reviews Availability Successful Mondays Anchoring Representativeness Hot Shot Recency Setting Salary Customer Reviews people te mare vad decisions is because we have rely on our percep un ve useful, but they can also be distorted versions of reality. Perceptions can often be dangerous in decis because we tend to make assumptions based on them. The goal of this exercise is to demonstrate your knowledge of decision-making biases. The following activity goes through common faulty perceptions that impact decision-making and asks you to match each decision-making bias to a correspone description Read the following examples of problems we have with decision making. Then, assign each example to the appropriate type of decision-making bias Ashley needs to hire a new employee and is contemplating where to set the salary in the advertisement. To explore a topic that she learned about in her organizational behavior class, Ashley decides to conduct a mini-experiment She gave the advertisement to five employees, each with a different salary listed, and asked them where they think the salary should be set. The result? The estimates were highly influenced by the different salaries listed. Customer Reviews Availability Successful Mondays Anchoring Representativeness Hot Shot Recency Customer Reviews Thing Setting Salary