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Paralysis by Analysis

Paralysis by Analysis

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses a scenario where an individual struggles to make decisions due to excessive analysis, a form of cognitive bias. This bias stems from a fear of making incorrect decisions, leading to inefficiency and ineffectiveness. The focus on understanding every detail impairs performance and decision-making abilities.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main issue faced by individuals in the decision-making scenario described?

External pressure

Time constraints

Over-analysis

Lack of information

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does cognitive bias manifest in the decision-making process?

By causing a fear of making incorrect decisions

By ignoring potential outcomes

By simplifying complex situations

By encouraging quick decisions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a consequence of focusing too much on analysis in decision-making?

Faster decision-making

Inefficiency and ineffectiveness

Improved decision quality

Increased confidence

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the need to be efficient or effective in decision-making lead to?

Better performance

Increased stress

Impaired performance

Clearer understanding

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does cognitive bias affect performance in decision-making scenarios?

It impairs performance

It enhances creativity

It reduces stress

It speeds up decision-making

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