________ Is When We Attribute Our Failures to External Factors

question 77

Multiple Choice

________ is when we attribute our failures to external factors and our successes to internal factors.

• A) The ratio bias effect
• B) The self-serving bias
• C) The gambler's fallacy
• D) Escalation of commitment
• E) The fundamental attribution error

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Definitions:

Existing Market

A market where products or services are already available and where a business may face competition upon entry.

Product Line

A group of closely related products that are treated as a unit because of similar marketing strategy, production, or end-use considerations.