Hiram Bluster Has Been the Human Resources Manager at His

question 18

Multiple Choice

Hiram Bluster has been the Human Resources manager at his company for a long time now. 'It is easy to sum up applicants in the first interview' he says. 'I just look 'em in the eye. If they look back at me they're trustworthy. If they look away they're not!' Hiram's views of people are an example of:

• A) an implicit personality theory.
• B) weighted averaging.
• C) negativity bias.
• D) the primacy effect.

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Definitions:

Price Regulation

The imposition of controls by a government on the price(s) that can be charged for goods and services in a market.

Lifesaving Drug

A medication that is essential for survival, often used to treat a life-threatening condition or disease.

Bundle

The practice of selling multiple products or services together as a single combined unit, often at a reduced price compared to purchasing the items separately.

Upstream Price Discrimination

A pricing strategy where a supplier varies prices charged to retailers or manufacturers based on factors like order volume or bargaining power.