When Walmart Tried to Use the Same Model That Worked

question 104

Multiple Choice

When Walmart tried to use the same model that worked for them in the USA in the rest of the world, they were acting on which type of cognitive bias?

• A)Illusion of control and overconfidence bias
• B)Fundamental attribution error
• C)Systematic errors
• D)Prior hypothesis bias
• E)Representative bias

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Definitions:

Synthetic Oil

A lubricant consisting of chemical compounds that are artificially made (synthesized) from base chemicals rather than whole crude oil.

Mineral Base Lube

A lubricant derived from mineral oils, used for a variety of applications including engines and machinery for reducing friction.

Incompatible Additives

Chemicals that when mixed with others in vehicle fluids can cause negative reactions or degrade the performance of the fluid.

Differential Carriers

Components that hold the differential gearing in vehicles, allowing wheels to rotate at different speeds.