Attributional Biases Imply That Managers Must

question 61

Multiple Choice

Attributional biases imply that managers must:

• A)always be correct in their perceptions
• B)be very wary of the cognitive process in decision making
• C)know as much as possible about individual differences and determine the cause of behavior and perceived source of responsibility
• D)take into account the fundamental tendency for people to make external attributions for their behavior

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Definitions:

Compounded Monthly

The process of calculating interest on both the initial principal and the accumulated interest of previous periods on a monthly basis.

Semi-Annually

A term referring to an event or action that occurs twice a year.

Quarterly

Occurring every three months or four times a year, often referring to financial reporting or dividend payments.

Increases in Value

Situations or circumstances where the value of an asset, investment, or property rises over time.