Examlex
Business ethics commonly incorporates which of the following?
The Halo Effect
A cognitive bias where an individual's overall impression of a person, company, brand, or product influences feelings and thoughts about that entity's character or properties.
Group Polarization
The tendency for a group's prevailing attitudes or beliefs to become more extreme following discussion among group members.
Risky Shift
Is the phenomenon where groups tend to make riskier decisions together than individuals would on their own, often attributed to the diffusion of responsibility.
Selective Perception
The process where individuals selectively interpret what they see based on their interests, background, experience, and attitudes.
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