How Might Self-Serving Bias Be Observed in a Corporate Annual

question 25

Multiple Choice

How might self-serving bias be observed in a corporate annual report?

• A)The report would say more about the company's problems and less about its successes.
• B)The report would emphasise the role of competition,inflationary pressures and other external causes of problems in the organization's performance.
• C)The report would exclude any bad news about the organization's performance.
• D)The report would acknowledge that competition,the economy and other external factors should be credited for some of the company's recent success.
• E)The report would acknowledge some of management's mistakes,but suggest that management in other companies have been making the same mistakes.

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Definitions:

Bulimic

Refers to an individual suffering from bulimia, an eating disorder characterized by episodes of binge eating followed by behaviors to prevent weight gain.

Binge Meal

A pattern of eating where large amounts of food are consumed in a short period, often associated with feelings of loss of control over eating.

Steak

A slice of meat, typically beef, that is usually grilled, pan-fried, or broiled.

Emotion

A state involving physiological arousal, a cognitive appraisal of the situation that produced the state, and an outward behavior expressing the state.