What Term Is Used for the Tendency of an Individual

question 56

Multiple Choice

What term is used for the tendency of an individual to attribute his own successes to internal factors while putting the blame for failures on external factors?

• A) consistency
• B) stereotyping
• C) self-serving bias
• D) selective perception
• E) fundamental attribution error

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Definitions:

Excess Capacity

The additional production capability that a business can utilize without incurring additional fixed costs, often seen as an opportunity for growth.

Minimum Price

The lowest price at which a product or service can be sold, often determined by covering at least the costs of production or market regulations.

Special Order

A one-time customer order typically at a reduced sale price, which does not disrupt regular production or sales activities.

Constrained Resource

A critical resource within a process or system that has a capacity limit potentially affecting overall performance or output.