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What Is Symbiosis

question 13

Multiple Choice

What is symbiosis?

Distinguish between the objectives of maximizing division profits versus maximizing company-wide profits.
Analyze the implications of rewarding managers based on division revenues versus division profits.
Understand the consequences of managerial decisions on company-wide performance and inter-divisional relationships.
Evaluate the conditions under which a cost center might be a more appropriate organizational design choice than a profit center.

Definitions:

Self-Fulfilling Prophecy

A belief or expectation that causes itself to become true due to positive feedback between belief and behavior.

Fundamental Attribution Error

The tendency for observers to underestimate situational influences and overestimate dispositional influences upon others' behaviors.

Self-Serving Bias

A cognitive bias where individuals attribute their successes to personal factors and their failures to external factors.

Conspiracy Theory

Explanation of widespread, complex and worrying events in terms of the premeditated actions of small groups of highly organised conspirators.

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