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Describe the effect of flexible manufacturing and just-in-time inventory on efficiency.
Stereotyping
The process of ascribing certain traits or behaviors to individuals based solely on their membership in a particular group, without considering individual differences.
Fundamental Attribution Error
The tendency to overemphasize personality traits and underestimate situational factors when explaining another individual's behavior.
Self-fulfilling Prophecy
A belief or expectation that causes itself to become true due to positive feedback between belief and behavior.
Halo Effect
A cognitive bias where the perception of one positive characteristic of a person or thing influences the overall perception of that entity in a disproportionately positive way.
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