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A sales manager, Dev, is facing an ethical situation wherein his bicycle company that specializes in mountain bikes sold a bicycle with a defective component. If he informs the customer and issues a recall, it would cost him a substantial amount of money. If the bike malfunctions, there is a very small chance that it could cause serious injury to a cyclist who might use it on rough terrain. He decides to use the egoism approach to decision making and remain silent about the defect, because he
Egocentrism
Egocentrism is the inability to differentiate between one's own perspective and someone else's perspective, often observed in children during the pre-operational stage of cognitive development according to Piaget.
Precausal Reasoning
A type of logical thinking observed in young children where cause-and-effect relationships are not understood in conventional or scientific terms.
Object Permanence
The understanding that objects continue to exist even when they cannot be seen, heard, or touched.
Centered Thinking
Centered thinking refers to focusing on one aspect of a situation while ignoring others, often observed in cognitive development of children.
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