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- W4385339871 abstract "The management of a modern organization includes complex processes implemented within the framework of a management system, which is a set of interrelated and dependent on each other elements – object, subject, principles, tools, and methods, etc. Today, the effective functioning of the organization’s management system is conditioned by both the current instructions and the accepted organizational culture. Social institutions, and organizations during their activities try to achieve certain results, including achievement of organizational goals; group productivity and efficiency; individual productivity and efficiency. The main objective of this study was to establish the effect of heuristics on company’s performance. The study is based on a case study, a questionnaire was used to collect the primary data. Correlation and linear regression model techniques are used to investigate whether company’s performance is affected by these biases (anchoring, framing, self-attribution, loss aversion, confirmation bias, representative, conjunction fallacy). The study concluded that there is a strong relationship between psychological aspects and business performance." @default.
- W4385339871 created "2023-07-29" @default.
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- W4385339871 date "2023-01-01" @default.
- W4385339871 modified "2023-09-25" @default.
- W4385339871 title "Effect of Heuristics on Performance: Evidence from Russia" @default.
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- W4385339871 doi "https://doi.org/10.1007/978-3-031-36960-5_90" @default.
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