List and Describe the Four Sources of Bias That Can

question 20

Essay

List and describe the four sources of bias that can adversely affect the way managers make decisions.

---

Definitions:

Self-Serving Bias

The common human tendency to attribute positive events to one's own character but attribute negative events to external factors.

Response Set

A collection of all possible answers or outputs that can be given in response to a stimulus or question in a survey, test, or experiment.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Feedback Response

Feedback response refers to the reaction or changes made by individuals or systems upon receiving feedback, aiming to improve or adjust behavior, performance, or processes.