A Cognitive Bias That Causes Managers to Overestimate the Extent

question 99

True/False

A cognitive bias that causes managers to overestimate the extent to which the outcomes of an action are under their personal control is referred to as the "halo effect."

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Definitions:

Lacunae

Small cavities in bone or cartilage tissue housing cells like osteocytes or chondrocytes.

Simple Squamous Epithelium

A single layer of flat cells lining surfaces where diffusion or filtration occurs, such as the alveoli in the lungs.

Alveoli

Tiny air sacs within the lungs where the exchange of oxygen and carbon dioxide between the air in the lungs and the blood in the capillaries takes place.

Diffusion

The movement of particles from an area of higher concentration to an area of lower concentration.