Question: In a decision-making problem, anchoring effects occur when a. a seemingly trivial factor serves as a starting point for estimations. b. organizations refuse to consider

In a decision-making problem, anchoring effects occur when

a. a seemingly trivial factor serves as a starting point for estimations.
b. organizations refuse to consider new alternatives.
c. decision makers are tied too closely to previous decisions.
d. a person in a position of authority exerts his or her opinion very forcefully.

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