Identify and Describe the Three Types of Attribution Errors Discussed

question 28

Essay

Identify and describe the three types of attribution errors discussed in your textbook. Which do you think is most common? Why? Which do you think is potentially the most damaging to relationships? Why? Do relationship type or context factor into those decisions? Finally, suggest one way that someone could overcome each of those attribution errors.

---

Definitions:

Compound Interest

Interest calculated on the initial principal as well as on the accumulated interest of previous periods of a deposit or loan.

Present Value

The value at present of future cash earnings or accumulations of money, determined by applying a pre-specified rate of financial return.

Current Liability

A company's debts or obligations that are due within one year.

Goods

Physical items that are produced, bought, or sold by businesses in the course of their operations.