Explain Evaluation Bias

question 35

Essay

Explain evaluation bias.What are the five types of evaluation bias?

Analyze how internal values conflicts and conflicts with others can impact personal and organizational performance.

Apply ethical guidelines to assist in making ethical decisions in the workplace.

Recognize how generational influences shape individual values.

Examine the impact of cultural differences in values and ethics on global business operations.

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Definitions:

Unilateral Mistake

The result of an error by one party about a material fact, that is, one that is important in the context of a particular contract.

Genuine Assent

An agreement to enter into a contract that is not clouded by factors such as fraud, duress, or mistake, indicating true and voluntary agreement.

Misrepresentation

A false statement of fact made by one party to another party, which has the effect of inducing that party into a contract.

Undue Influence

The situation in which one person has taken advantage of his or her dominant position in a relationship to persuade the other person unduly to the extent that the dominant person’s persuasive efforts have interfered with the other person’s ability to make his or her own decision.