Recall the Cross-Cultural Differences in the Self-Serving Bias Between Eastern

question 39

Essay

Recall the cross-cultural differences in the self-serving bias between Eastern and Western cultures.Describe the differences, and provide an example of how someone in China might attribute a failure compared to someone from Canada.

Comprehend the difference between the principal's and agent's interests within their relationship.

Understand the principle of aligning decision-making with information availability.

Identify strategies to mitigate agency costs.

Understand the principle of decentralizing decision-making based on information distribution.