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- 4. Identify any one behavioural bias in each of the following statements: a) Mary writes the following letter to an investment columnist: “I invested quite a bit of money (R26 000) in Intel stock. Of course, like most technological stocks, it has been struggling, and on paper I am in trouble. Do you think it will ever reach the R80 that I paid for it? I really hate to cash it in for such a big loss and I don’t trust it enough to buy it at the low price (R8) it is now trading for. I feel like the company shows promise, but I am certainly not astute in such matters – I am a dentist”.b) Las Vegas casinos offer many games. All games favour the casino. The size and elegance of the buildings reflect how much money the casinos make – and how much gamblers lose. Still, hordes of gamblers still pack the gaming tables and slot machines for hours on end. Over time, gamblers inevitably lose money, and yet they still come back the following year. What bias might cause this cycle?c) A gambler wins…What types of assertions are commonly made about the perpetrator of online illicit behaviour?Describe the three different ways individuals might frame events during the primary appraisal process. Use an example, such as losing a job, to illustrate how these different appraisals in turn lead to different secondary appraisals (coping options). How might age and culture influence these appraisal processes?
- Human factor can be defined as __________ Question 18 options: The entire concept of human behavior Interrelated Physiological, Psychological and Socio-ethical aspects of a human being. Micro and macro issues of socioeconomic factor None of the aboveExample of each in relation to a college student 1. Organizational Moral Dilemma 2.Structural Moral Dilemma 3.Individual Moral DilemmaHow did Nicholas display the perception of perceptual defense?
- What is the situational analysis?With more than a third of American children and adolescents overweight, you would think that Mattel’s slender Barbie doll would be a good role model for little girls. Not so, according to some critics. If Barbie was a real woman, she would have less than 17 percent body fat, a neck too thin to hold her head up, a waist too small to house a full liver and intestines, and ankles and feet too tiny to walk. One group of researchers estimated the likelihood of a woman having Barbie’s body at one in 100,000. Yet some women strive for impossible bodies, with more than 20 million suffering from eating disorders such as anorexia and bulimia. Other research has shown that 40 to 60 percent of preadolescent girls are concerned about their weight, and almost 70 percent of elementary-age girls who read magazines say the pictures of thin models influence their perceptions of an ideal weight. Statistics like these cause consumer advocacy groups such as the Campaign for a Commercial-Free Childhood…With more than a third of American children and adolescents overweight, you would think that Mattel’s slender Barbie doll would be a good role model for little girls. Not so, according to some critics. If Barbie was a real woman, she would have less than 17 percent body fat, a neck too thin to hold her head up, a waist too small to house a full liver and intestines, and ankles and feet too tiny to walk. One group of researchers estimated the likelihood of a woman having Barbie’s body at one in 100,000. Yet some women strive for impossible bodies, with more than 20 million suffering from eating disorders such as anorexia and bulimia. Other research has shown that 40 to 60 percent of pre-adolescent girls are concerned about their weight, and almost 70 percent of elementary-age girls who read magazines say the pictures of thin models influence their perceptions of an ideal weight. Statistics like these cause consumer advocacy groups such as the Campaign for a Commercial-Free Childhood…