What Is the Tendency to Make Internal Attributions When We

question 3

Multiple Choice

What is the tendency to make internal attributions when we succeed and external attributions when we fail?

• A)self-attribution error
• B)fundamental attribution error
• C)self-serving bias
• D)actor-observer bias

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Definitions:

Benchmarking

The act of measuring a company's operations and performance indicators against the industry's highest standards or optimal practices.

Industry Average

The standard or average benchmark of performance, costs, or pricing for businesses within a specific industry.

Competitive Average

A benchmarking tool that compares a company's performance metrics with those of its competitors to identify areas for improvement.

Pro Forma Financial Statements

Financial statements that project what a firm’s financial condition will be in the future.