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An organization is employing more and more managers but profitability is not increasing. The managers of the organization are not willing to accept that the lack of increase in profitability is the result of their inefficiency. Rather, the managers argue that they are positioning the organization for future growth by putting in place the infrastructures to support future development. Which of the following cognitive biases is being experienced by these managers?
Piaget's Cognitive Development
A theory put forth by the Swiss psychologist Jean Piaget that describes how children's intellectual abilities evolve as they grow.
Stages
Distinct phases or periods in a process of development or progression, often used to describe sequential steps in psychological, physical, or emotional growth.
Lifespan Human Development
The study of how people grow, develop, and adapt at different stages of life from conception to old age.
Research Design
The strategic framework for conducting research, including the methods and procedures for collecting and analyzing data.
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