Weekly Assignment 1: Judgment in Managerial Decision Making

Weekly Assignment 1: Judgment in Managerial Decision Making

Chapter 3 discussed the different biases which individuals exhibit at various points in their lives. Your book outlined 12 specific biases which people face in given situations. Your assignment is to review each bias and explain in your own words what you define it to be AND to give an example of how a manager deals with each of the 12 biases.