The Tendency to Overestimate the Dispositional Causes of Behavior and Underestimate

question 21

Multiple Choice

The tendency to overestimate the dispositional causes of behavior and underestimate the environmental causes when others fail is called

• A)single-loop learning.
• B)the fundamental attribution error.
• C)the self-fulfilling prophecy.
• D)double-loop learning.

Recognize the importance and role of a business plan in starting and managing a business successfully.

Understand the differences between equity and debt financing and their implications for small business owners.

Grasp the concept of undercapitalization and its effects on the survival of a business.

Comprehend the growth management strategies for small businesses, including delegation of authority.

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Definitions:

Escalating Commitment

The phenomenon where people continue to invest time, money, or effort into a failing decision, project, or course of action due to previous investments.

Allocation of Resources

The process of distributing available resources among various projects, departments, or sectors within an organization or system.

Substantial Amount

A quantity or volume considered to be of considerable size or importance.

Enabling Technologies

Advanced technologies that facilitate the development of new products or enhance the capabilities of existing products or systems.