QUESTION $10$

Match the term with the description.

$$ Holds that people set their own moral standards for judging their actions, based on selfinterest.

A$.$ Masculinity

$-2$

The concept that when we make decisions, we cannot be fully rational because we don't

B$.$ Heuristics have all the possible information or the cognitive processing ability to make fully informed, completely rational decisions.

C$.$ Individualism

D$.$ Ethical relativism

Mental shortcuts that allow a decision maker to reach a good decision quickly.

E$.$ Confirmation Bias

The overall tendency towards competitiveness and achievement in a society.

F$.$ Escalation of committment

Choosing the first acceptable solution to minimize time spent on a decision.

G$.$ Uncertainty Avoidance

$$ The

The tendency to pay attention to information that confirms our existing beliefs and to

H$.$ Utilitarianism

ignore or discount information that conflicts with our existing beliefs.

I. Power Distance

$$ Degree to which a society focuses on the relationship of the individual to the group.

J$.$ Bounded Rationality

$$ Refers to the degree to which societies accept power differences and authority in society. K$.$ Satisficing

The tendency of decision makers to remain committed to poor decision, even when doing so leads to increasingly negative outcomes.

Refers to the degree to which people in a society are comfortable with uncertainty and unpredictable situations.

Includes an "ends justify means" approach