Match the behavioral example to the appropriate behavioral bias.

Question $2$ options:

$12345$

Conformity Bias

$12345$

Experiential Bias

$12345$

$$Framing Effect

$12345$

Media Response Bias

$12345$

Herding Effect

$1.$

A manager decides to enter a new market because competitors are doing so$.$

$2.$

A manager chooses a vendor advertised as "saving $30\%$ in costs" rather than one that "avoids a $30\%$ loss."

$3.$

A manager continues to trust a supplier due to one positive experience, despite recent negative reports.

$4.$

In a team meeting, a manager aligns with the majority decision to avoid conflict, despite reservations.

$5.$

A manager prioritizes cybersecurity investments after media reports on recent data breaches, despite other risks.