common decision-making biases

common decision-making biases

University

5 Qs

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common decision-making biases

common decision-making biases

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Pirada R

Used 4+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A new software is available that would eliminate many tedious tasks and speed up your team’s workflow. You choose to stick to the old way of doing things, thus stalling your team’s productivity.

Anchoring bias

Status quo bias

Confirmation bias

 Availability bias

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You've come up with an idea and given it to your team to discuss and do market research to test its viability. Then, you cherry-pick the supporting results instead of objectively looking at both sides of the argument.

Confirmation bias

Authority bias

Overconfidence bias

Similarity bias

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Last quarter, when your team finalized a profitable project, you took personal credit for it, emphasizing your hard work and management skills. This quarter, your team didn’t reach several important KPIs, and you blamed this on external factors and poor strategic planning at the company management level.

Anchoring bias

Confirmation bias

Self-serving bias

Overconfidence bias

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You are in the process of hiring a new teammate. You notice the candidate’s experience with a specific software program, ask several questions about that topic, and overlook other essential skills or qualities the candidate possesses.

Availability bias

Anchoring bias

Status quo bias 

Similarity bias

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Your supervisor requests that you complete an assignment despite noticing several flaws. As your supervisor holds a position of influence, you proceed with the task, disregarding the issues and choosing not to voice your concerns.

Status quo bias

Self-serving bias

Similarity bias

Authority bias