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Manager Looked at the Previous Year's Revenues to Forecast Sales

question 85

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Manager looked at the previous year's revenues to forecast sales for the coming year.Which management bias is this an example of


Definitions:

Type A Personality

A personality type characterized by competitiveness, urgency, impatience, and high levels of stress.

Discomfort

A state of physical or mental unease, often less intense than distress.

Hispanic Health Paradox

The epidemiological finding that Hispanic populations tend to have health outcomes that paradoxically are as good as or better than those of non-Hispanic white populations, despite lower average income and education.

Economic Disadvantage

A status where individuals or communities have significantly lower income, education, and employment opportunities compared to the general population.

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