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Wisnet Corp. recently replaced its accounting software with another accounting application provided by a software development firm. The software development firm provides lifelong services for the new software, so Wisnet Corp. has laid off those employees whose job profile had been limited to providing technical support for the old software. In the given scenario, Wisnet Corp. engaged in _____.
Confirmation Bias
A cognitive bias that involves favoring information that confirms previously existing beliefs or biases.
Principle Of Falsifiability
The criterion for demarcating scientific from non-scientific statements; a theory must be testable and potentially able to be proven false.
Denialism
The choice to reject information or evidence that conflicts with an individual's beliefs, often seen in contexts such as climate change denial.
Cognitive Inertia
The tendency of certain cognitive processes or sets of beliefs to resist change, even in the face of new information or evidence.
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