How Might Self-Serving Bias Be Observed in a Corporate Annual

question 6

Multiple Choice

How might self-serving bias be observed in a corporate annual report?

• A)The report would say more about the company's problems and less about its successes.
• B)The report would emphasize the role of competition,inflationary pressures,and other external causes of problems in the organization's performance.
• C)The report would exclude any bad news about the organization's performance.
• D)The report would acknowledge that competition,the economy and other external factors should be credited for some of the company's recent success.
• E)The report would acknowledge some of management's mistakes,but suggest that management in other companies have been making the same mistakes.

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Definitions:

Pilot Shaft

A shaft used to ensure the correct alignment of two or more components of a machine during assembly or operation.

Clutch Fork Shaft

A component in manual transmissions that transfers force from the clutch pedal to disengage the clutch from the flywheel.

Transmission Input Shaft

The shaft in a transmission that is driven by the engine output, transferring power to the transmission gears.

Solo Clutch

A type of clutch designed for individual operation, typically found in vehicle transmissions.