Many US Multinationals That Depend on Foreign Markets Have Done More

question 47

True/False

Many U.S. multinationals that depend on foreign markets have done more in recent years to fill top positions with executives who have significant international experience, but do little to provide a pipeline of international opportunities for lower-level managers.

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Definitions:

Belief Perseverance

A tendency to continue to view an initial assumption as correct despite evidence to the contradictory.

Self-serving Bias

In attribution, the tendency for people to take personal credit for acts that yield positive outcomes and to deflect blame for bad outcomes by attributing them to external causes.

Fundamental Attribution Error

The tendency to overemphasize personality-based explanations for behaviors observed in others while underestimating the influence of situational factors.

Actor-observer Difference

The tendency to attribute one's own actions to situational factors while attributing others' actions to their personal characteristics.