Traditionally,managers Have Focused Cost Reduction Efforts on

question 71

Multiple Choice

Traditionally,managers have focused cost reduction efforts on

• A)activities.
• B)processes.
• C)departments.
• D)costs.

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Definitions:

Attitudes

A predisposition to respond in a favorable or unfavorable manner to a particular idea, object, person, or situation.

Fundamental Attribution Error

The bias of overattributing behaviors of others to their personal characteristics, while underestimating situational factors.

Perceptual Distraction

A phenomenon where the focus of attention is diverted due to irrelevant stimuli in the environment, affecting cognitive processes.

Self-serving Bias

The common tendency to credit ourselves for our successes (attributing them to internal factors) while attributing our failures to external factors.