The Tendency to Sabotage One's Performance to Provide an Excuse

question 113

Multiple Choice

The tendency to sabotage one's performance to provide an excuse for possible failure is called

• A) self-centered bias.
• B) self-serving bias.
• C) self-handicapping.
• D) basking in reflected failure.

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Definitions:

Fixed Expenses

Costs that do not vary with the level or amount of goods or services produced or sold.

Contribution Margin

The difference between sales revenue and variable costs, used to cover fixed costs and profits.

Fixed Expenses

Expenses that remain constant regardless of the amount of output or sales within a brief timeframe, including lease payments, wages, and coverage fees.

Break-even Point

The level of production or sales at which total costs equal total revenue, meaning the company neither makes a profit nor incurs a loss.