What Does Central Tendency Effect Refer To

question 19

Multiple Choice

What does central tendency effect refer to?

• A) the tendency to judge people harshly
• B) the tendency to avoid all extreme judgments
• C) the tendency to not judge people
• D) the tendency to rely on first impressions
• E) the tendency to form an overall impression

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Definitions:

Profit-maximizing Strategy

A business approach aimed at increasing a firm's profit to the highest possible level given the constraints it faces.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex, affecting societal and economic opportunities.

Age Discrimination

Unfair treatment of individuals in employment, promotion, or benefits based on their age, particularly against older workers.

Human Capital

The qualifications, acquaintance, and life experiences that a person or society possesses, assessed in light of their financial impact or charge to a business or nation.