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Longitudinal Comparisons Compare a Company's Performance Over Time to That

question 59

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Longitudinal comparisons compare a company's performance over time to that of its competitors while cross-sectional comparisons compare a company's own performance from one period to another.


Definitions:

Centration

A cognitive limitation in preoperational stage children where they can focus on only one aspect of a situation at a time.

Reversibility

The cognitive ability to understand that actions can be reversed, restoring the original state.

Egocentrism

In developmental psychology, a characteristic of young children where they are unable to see a situation from another person's point of view.

Three-Mountain Task

A cognitive developmental measure designed by Jean Piaget to study children's ability to take on another's perspective and understand that different viewpoints exist.

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