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Decision Making

A Principal chooses a policy solely because “we have always done it this way,” despite evidence that circumstances have...

Type: MCQ • Marks: 1
A Principal chooses a policy solely because “we have always done it this way,” despite evidence that circumstances have changed This is an example of:
Options
A. Evidence-based decision-making
B. Scenario analysis
C. Rational optimisation
D. Status quo bias
Explanation
Status quo bias is the tendency to prefer existing arrangements even when alternatives may be superior.
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UPSC Principal & Vice Principal Management Finance Administration

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