..... occurs when decision makers select and highlight . By drawing attention to specific aspects of a situation and highlighting them, they downplay or omit other aspects, distort what they see, and create incorrect reference points.

INFORMATION FOR DECISION MAKING

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

____ occurs when decision makers select and highlight . By drawing attention to specific aspects of a situation and highlighting them, they downplay or omit other aspects, distort what they see, and create incorrect reference points.

A	Confirmation bias
B	The framing bias
C	The anchoring effect
D	Selective perception

Explanation:

Detailed explanation-1: -Framing bias – happens when decision makers select and highlight certain aspects of a situation while excluding others. By drawing attention to specific aspects of a situation and highlighting them, they downplay or omit other aspects, distort what they see, and create incorrect reference points.

Detailed explanation-2: -Decision making can also be classified into three categories based on the level at which they occur. Strategic decisions set the course of organization. Tactical decisions are decisions about how things will get done. Finally, operational decisions are decisions that employees make each day to run the organization.

Detailed explanation-3: -The availability bias describes the actions of decision makers who try to create meaning out of random events.

Detailed explanation-4: -Confirmation Bias We seek out information that reaffirms our past choices and tend to put little weight on those things that challenge our views.

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INFORMATION FOR DECISION MAKING