Rose Buffay Needs to Give a Presentation to the Board

question 24

Multiple Choice

Rose Buffay needs to give a presentation to the board of directors of her organization next week. She knows that her presentation will play an important role in her performance appraisal in the next quarter. However, she knows that two of her colleagues, John Roy and Keith Mathews, will also be giving a presentation on the same issue. She is nervous because she believes that men have a better flair for giving presentations. Buffay's perception of John and Keith is most likely characterized by ________.

• A) stereotyping
• B) a hindsight bias
• C) a halo effect
• D) a confirmation bias
• E) a contrast effect

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Definitions:

Nonexcludable Good

A good that cannot be withheld from individuals once it has been provided, leading to free-riding issues.

National Defense

The protective measures and military actions that a country undertakes to defend itself against threats and maintain national security.

Market Failure

Occurs when the allocation of goods and services by a free market is not efficient.

Free-rider Problem

A situation in public economics where individuals consume a good without paying for it, leading to underproduction or depletion of the good, as seen often in public goods and common resources.