Question

Which of the following is a guideline for managers to avoid the negative effects of cognitive biases?

A. Concentrate on planning for the future instead of conducting a retrospective analysis.

B. Reward middle managers irrespective of whether they fail or succeed to implement a decision.

C. Rank various alternatives even when all relevant information is not available.

D. List the criteria that are being used to assess and evaluate alternatives.

E. Persist with economically superior alternatives despite the threat of cannibalization.

Answer

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