Managers Who Predict the Performance of a New Product by Relating

question 109

True/False

Managers who predict the performance of a new product by relating it to a previous product's success are demonstrating availability bias.

---

Definitions:

Critical Skills

Essential abilities or expertise necessary to perform job tasks effectively or to excel in a particular field.

Orientation Programs

Programs that familiarize new employees with their roles, the organization, its policies, and other employees.

Intranet

An organization-specific internal computer network.

Cross-cultural Management Training

A learning process that prepares individuals to interact effectively with people from different cultural backgrounds, focusing on understanding and bridging cultural differences.