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After making a decision, Rosario seeks information that confirms the decision was a good decision and ignores conflicting information. This is an example of: Multiple
After making a decision, Rosario seeks information that confirms the decision was a good decision and ignores conflicting information. This is an example of: Multiple Choice overconfidence. overoptimism. the affect heuristic. confirmation bias. the representativeness heuristic. ssume you are an overconfident manager. You are most apt to do which one of the following more so than you would if you were not overconfident? Multiple Choice Research a project more thoroughly before committing funds to commence it Accept risky projects that turn out to be less profitable than you expected Wait until new technology proves its worth before incorporating it into your firm's operations Avoid mergers and acquisitions Invest excess company cash more conservatively than your peers at other firms McGill Corporation is analyzing a project proposal to add a new product line. If the person forecasting the project's future cash flows suffers from overoptimism, those projections will tend to have which one of the following characteristics? Multiple Choice Overestimated construction costs Overestimated expenses Overestimated net present values Underestimated profits Underestimated sales estimates
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