The Self-Serving Bias Occurs When Decision Makers Take Credit for Their

question 151

True/False

The self-serving bias occurs when decision makers take credit for their successes and blame failure on outside factors.

---

Definitions:

Lean Production Layout

An organizational strategy focused on reducing waste within manufacturing systems while ensuring quality and productivity improvements.

Decentralized Maintenance

A strategy where maintenance activities are distributed among various departments or sections of a business, rather than being centrally managed.

Small Production Batches

Manufacturing process involving the production of goods in small quantities, allowing for flexibility and customization.

Lean Manufacturing

A systematic method for waste minimization within a manufacturing system without sacrificing productivity, focusing on adding value and reducing non-value-adding activities.