Seeking to Obtain as High a Financial Return on Their

question 248

Multiple Choice

Seeking to obtain as high a financial return on their investments (ROI) as possible,firms will often set __________ goals.

• A)sales
• B)quality
• C)profit
• D)market share
• E)employee welfare

---

Definitions:

Patriotism

The feeling of love, devotion, and sense of attachment to one's country, with a willingness to make sacrifices for it.

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have foreseen it, often referred to as the "I-knew-it-all-along" effect.

Just-World Phenomenon

The cognitive bias that a person's actions are inherently inclined to bring morally fair and fitting consequences to that individual, to the end of all noble actions are rewarded and evil actions are punished.

Scapegoating

The practice of singling out any party for unmerited negative treatment or blame.