MrSmith,manager of ABC Corp

question 20

Multiple Choice

Mr.Smith,manager of ABC Corp.,plans to acquire another company.He is on the verge of negotiating with the other company's manager.Mr.Smith is predisposed to attribute successful outcomes to his own skill while holding bad luck or others squarely responsible for all unsuccessful outcomes.This tendency has unfortunately led him to make deals that have not been successful.What is his problem known as in business negotiation terms?

• A) confirmation bias
• B) egocentrism
• C) self-reinforcing incompetence
• D) satisficing

Understand the concepts of experiments and sample spaces.

Differentiate between mutually exclusive and independent events.

Use the relative frequency approach to probability.

Calculate probabilities involving combinations and permutations.

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Definitions:

Cell Margins

The spacing or padding inside a cell in a table or a spreadsheet, defining the distance between the cell content and its borders.

Cell Width

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Right Indent Marker

A visual indicator in word processing programs that shows where the right edge of the text will align within a paragraph.

Hanging Indent Marker

A tool in word processing software that allows the creation of a hanging indent, where the first line is not indented but subsequent lines are.