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Exam (elaborations)

RBS final Exam Questions and Correct Answers

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RBS final Exam Questions and Correct Answers

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RBS final exam
interpersonal influence (RASCCL) - Question and answersReciprocity
authority
scarcity
consensus
consistency
liking

Reciprocity - Question and answersObligation to give back when you receive

Authority - Question and answersWe say yes to those who feel/are important

Scarcity - Question and answerspeople want more of those things they are less off

Consensus - Question and answersPeople will look to the actions of others to determine
their actions

Consistency - Question and answerslooking for and asking for a commitment that can
be made

Liking - Question and answerssaying yes to those people we like

decision making biasis - Question and answersavailability
representativeness
confirmation
anchoring
overconfidence
hindsight
framing
escalation commitment

Availability Bias - Question and answersthe tendency for people to base their judgments
on information that is readily available to them

representativeness bias - Question and answersestimate the probability of an event
occurring.
" When a decision maker has to analyze the options of a decision, he tends to recall a
memory or experience that is similar to the present decision-making situation."

confirmation bias - Question and answersSubconsciously decide something before
investigating why it's the right decision 2. Seeking information that supports only that
decision

anchoring bias - Question and answersis making a decision when decision-makers are
influenced by the first information received about the decision even if it is irrelevant

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