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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
-Forecast how society would change if business did lose its macro level of legitimacy.
Self-serving Bias
A common cognitive bias where individuals attribute positive outcomes to their own actions but blame external factors for negative outcomes.
Dispositional Explanation
An attribution that ascribes behavior to innate qualities of the individual, such as personality traits or temperaments, rather than to external circumstances.
Situational Explanation
The interpretation of behavior or events based on the context or circumstances in which they occur, rather than attributing them to personal traits.
Situational Explanation
An explanation that attributes behavior to external factors, circumstances, or situations rather than to individual characteristics.
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