The Negativity Bias Is the Tendency To…

question 29

Multiple Choice

The negativity bias is the tendency to…

• A) be against everything you here.
• B) attach more weight to negative evidence than to positive evidence.
• C) say negative things about other people.
• D) attach more weight to positive things than to negative things.
• E) attach more weight to negative events than to positive events.

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Definitions:

Direct Labor Cost

The total cost of work done by employees who are directly involved in the manufacture of a product or in performing a service.

Balanced Scorecard Approach

A strategy performance management tool that incorporates financial and non-financial performance indicators to provide a more comprehensive view of an organization's health.

Capacity Utilization Perspective

An assessment of how effectively an entity uses its potential output capacity, measuring the extent to which it's achieving maximum efficiency.

Labor Price Variance

The difference between the actual cost of labor and the budgeted or standard cost of labor.