Dave Thought He Had Selected a "Cool Tie" to Wear

question 152

Multiple Choice

Dave thought he had selected a "cool tie" to wear to work. However, after a few giggles and a "rolling of the eyes" from several coworkers, Dave went to his office and took off the tie. These reactions of the coworkers would be referred to as

• A)stereotyping.
• B)groupthink.
• C)group sanctions.
• D)the actor-observer bias.

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Definitions:

Money Market Funds

Investment funds that invest in short-term debt securities, providing investors with high liquidity and minimal risk.

Remittance Advice

A document sent by a customer to a business, indicating that an invoice has been paid, often accompanying the payment.

Payment by Check

A method of making payments using a check, which is a written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer.

Bank Statement

A monthly summary from a bank showing all transactions in an account.