BizPsyche Tip
The Framing Effect in Decision-Making
How do consumers make decisions when faced with risky choices? ? When people have to choose between different options that
When we are talking with others, should we not add any comments regarding to gossips?
Should we avoid responding towards gossips? Our emotions might be easily effected by other people’s commentary, even though they might
Motivation would be gone without reward.
We hope to do more entertaining things during work, even though there might not be rewards all the time. There’s
Is it true that the more rewards there are, the more motivation there is?
Normally when we think about the fact that we can do something we love after we finish our job, we
In what situation could consumers avoid goods with poor quality?
Customers are not willing to buy flawed goods when they are shopping, but at the same time, they are worried
How can we make wise choices in consumption?
When we are shopping, we will find products that are good value for money. When a product that we won’t
How can a shop know customers’ needs accurately?
When we are developing a new product, we would often brainstorm ideas from the perspectives of our customers or ourselves,
Have you ever made an impulsive purchase?
It is so easy to buy things we don’t need without noticing it. It feels like a waste to throw
Does possessing something temporarily make people use a greater cost to exchange for a permanent possession？
People usually don’t want to lose a new item they own and want to keep it forever. In an experiment