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What Term Is Used for the Tendency to Underestimate the Influence

question 41

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What term is used for the tendency to underestimate the influence of external factors and overestimate the influence of internal factors when making judgments about the behavior of others?


Definitions:

Computer Magazine

A publication focusing on computers, technology trends, software and hardware reviews.

Period Cost

Costs that are not directly tied to the production process and are expensed in the period in which they are incurred.

Manufacturing Company

A manufacturing company is an enterprise that uses raw materials, parts, and components to assemble finished goods on a large scale.

President's Salary

indicates the fixed annual compensation paid to the company's highest-ranking officer.

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