Business Skills I

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Questions and Answers

According to Daniel Kahneman, which system of thinking is instinctive and automatic?

  • System 4
  • System 1 (correct)
  • System 3
  • System 2

Which book did Daniel Kahneman write about thinking and decision-making?

  • Blink
  • Predictably Irrational
  • Influence: The Psychology of Persuasion
  • Thinking, Fast and Slow (correct)

What is one problem that can arise with System 1 thinking?

  • Flawed memories (correct)
  • Logical reasoning
  • Analytical thinking
  • Rational decision-making

What bias is described as assessing the quality of a decision based on the outcome rather than the soundness of the process?

<p>Hindsight bias (A)</p> Signup and view all the answers

How does System 1 thinking make decisions?

<p>Based on experiences and memories (C)</p> Signup and view all the answers

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