Questions
Single choice
Imagine a situation where a leader has Option A or Option B for next year's business strategy. According to framing bias, if an employee wants to influence their leader to choose Option A (which involves more risk but potentially greater return than Option B), the employee should:
Options
A.Emphasize the losses that will definitely be incurred if going with Option B
B.Emphasize the gains that will definitely be incurred if going with Option B
C.Provide an Option C that is very similar to Option A but slightly worse than Option A
D.Provide an Option C that is very similar to Option B but slightly better than Option B
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Step-by-Step Analysis
This question asks you to apply framing bias to influence a leader's decision between two strategic options. The key idea is that how information is presented can change preferences, especially when risk is involved.
Option 1: 'Emphasize the losses that will definitely be incurred if going with Option B' — This uses loss framing. By highlighting potential losses tied to choosing B, the message makes B appear riskier or more costly, wh......Login to view full explanationLog in for full answers
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