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Management Studies

Q1) Discuss how bias has blocked your ability to make a rational decision. In your answer, discuss the heuristic that you may have used and the bias associated with that heuristic. What could you have done to overcome the bias generated by the heuristic? 200-300 words APA format

Q2) Visit the website www.motherjones.com/news/feature/1977/09/dowie.html and read the article concerning the Ford Pinto. How did the decision making process help to create the problems for the Ford Pinto? Do these decisions represent optimizing behavior or satisficing on the part of Ford? If you were Lee Iacocca, would you have decided differently? How? 200-300 words APA format.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9209265

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