You are a hard-charging manager who doesn't really like to sit at a desk for too long. You prefer to gather information quickly, make a decision, and move on to the next item on your agenda. Which one of the following applies to you?
A) Availability bias.
B) Arbitrage limits.
C) Law of small numbers.
D) Representativeness heuristic.
E) Regret aversion.

Question

Quizplus · Accepted Answer

Availability bias is the tendency to make decisions based on the information that is most readily available, rather than seeking out all possible information. This behavior aligns with a manager who prefers to gather information quickly and make decisions without extensive research or consideration of all possible outcomes.

You Are a Hard-Charging Manager Who Doesn't Really Like to Sit