What Does the Not-Invented-Here Bias Refer To

question 263

Multiple Choice

What does the not-invented-here bias refer to?

• A)The tendency to ignore or harbor negative attitudes toward ideas from other members of one's own organization or project team
• B)The tendency to admire or harbor positive attitudes toward ideas from outside one's own organization or project team
• C)The tendency to ignore or harbor negative attitudes toward ideas from outside one's own organization or project team
• D)The tendency to admire or harbor positive attitudes toward ideas from other members of one's own organization or project team
• E)The tendency to ignore or harbor negative attitudes toward ideas from inside and outside one's own organization or project team

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Definitions:

Money

A medium of exchange, a unit of account, and a store of value, used to facilitate transactions.

Wealth

An abundance of valuable resources or valuable material possessions, often measured in terms of assets like money, real estate, and personal property.

Bank Holding Company

A corporation that owns banks.

Private Banks

Financial institutions that are owned by private individuals or corporations instead of being owned by the government, offering banking services to individuals and businesses.