A(n)_____ Refers to the Absence of Key Specialized Intermediaries Found

question 14

Short Answer

A(n)_____ refers to the absence of key specialized intermediaries found in the markets of finance, managerial talent, and products, which otherwise reduce transaction costs.

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Definitions:

Situational Attribution

The process of attributing a person's behavior to external causes rather than to internal characteristics.

Dispositional Attribution

The process of attributing behavior to an individual's stable personality traits.

Highly Consistent Behaviours

Actions or reactions that are predictable and stable over time across different situations.

Fundamental Attribution Error

The tendency to explain someone's behavior based on internal factors, like character or intention, rather than external factors.