Clive,who Was Working as a Manager in India,was a Little

question 7

Multiple Choice

Clive,who was working as a manager in India,was a little shocked to receive a negative feedback for his lack of expertise and aptitude to take effective decisions.All that he had to say was that he had tried to involve his team in participative decision-making and that this might have led them to think so.Clive's negative feedback could be attributed to _____.

• A)ineffective transfer of skills
• B)cultural myopia
• C)unintentional bias
• D)poor expectation setting

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Definitions:

Commercial Finance Companies

Financial institutions that offer loans to businesses, particularly for equipment or inventory financing.

Leasing Companies

Firms that lease vehicles, equipment, or facilities to businesses or individuals, usually for a fixed period at a specified rate.

Business Credibility

The perception of a business as trustworthy and reliable, often built over time through consistent delivery of quality products or services.

Lending Decision

The process by which a lender evaluates the risk and potential of a loan application before granting funds to the borrower.