The Tendency to Consistently Produce a Particular Type of Forecast

question 63

Multiple Choice

The tendency to consistently produce a particular type of forecast (high or low) that isn't accurate is called a(n) ______.

• A)overestimate
• B)underestimate
• C)bias
• D)wrong estimate

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Definitions:

Autonomous

The ability to operate independently or the quality of having autonomy; self-directing freedom and especially moral independence.

GLOBE Researchers

Scholars involved in the Global Leadership and Organizational Behavior Effectiveness research project, aimed at understanding cultural impacts on leadership and organizational practices worldwide.

Cultural Clusters

Groupings of cultures that share similar characteristics, values, or norms, often used to understand and compare cross-cultural interactions.

Different Countries

Refers to the various sovereign states around the globe, each with its own governing systems, cultures, and social norms.