Select ALL that apply. E What are elements of a good forecast? the cost is not important because a forecast is always necessary it is sometimes reliable it can be complex and hard to use for decision making it is accurate it is timely 1 BOOOOO N 3 3 4 294 points The "sunk cost fallacy" is a bias: where decision makers are influenced by their own personal beliefs causing them to misinterpret the actual situation where decision makers are too confident in their abilities causing them to take more risk that is justified that discriminates towards genders that places too much value on past expenditures of resources and not enough emphasis on future outcomes 5 1 6 7 30 4 points In the book "Groot by Choice" by Jim Collins, the concept of "leading above the death line" means