The Tendency to Give Too Much Emphasis to Personal Factors

question 99

Multiple Choice

The tendency to give too much emphasis to personal factors when accounting for other people's actions is called __________.

• A) the primacy effect
• B) defensive attribution
• C) the fundamental attribution error
• D) the just-world hypothesis

Identify the key drivers of revenue for businesses.

Distinguish between different types of costs and their impact on pricing strategies.

Comprehend the role of pricing strategies in achieving business objectives.

Recognize the significance of fair pricing and its perception among businesses and consumers.

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Definitions:

Accounts Receivable Balance

The Accounts Receivable Balance is the total amount of money owed to a company by its customers for goods or services delivered on credit.

Month of Sale

The specific month in which a transaction or sale of goods or services took place.

Accounts Receivable Period

The average number of days it takes for a business to collect payments from its credit sales, indicating the efficiency of its credit and collection policies.

Cash Balance

A measure of the amount of cash that a company, or an individual, has on hand at any given time.