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Fri 07 Jul 2006Personality is key to decision-making
Managers' beliefs are shaped by their personality rather than their education, career history and other experiences, new research from leading business school Carnfield University shows.
Selective perception, the most popular theory to explain the effect of biases in managerial decisions, developed in the 1950s, suggests that the experiences a manager has had will determine the way they perceive the world.
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