Once a Firm Is Out of Alignment, It Does Not

question 40

True/False

Once a firm is out of alignment, it does not mean that it has to stay that way.

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Definitions:

Similarity

The degree to which two or more things resemble each other in terms of attributes, characteristics, or qualities.

Fundamental Attribution Error

The tendency to overemphasize personality traits and underestimate situational factors when explaining others' behaviors.

Availability Heuristic

A cognitive rule of thumb that says that the perceived probability of an event or the importance assigned to it is based on its availability in memory.

Augmenting Principle

A principle in attribution theory suggesting that if an event occurs despite the presence of strong opposing forces, we should attribute the event to the actions of the agent.