How Can a Self-Serving Bias Be Observed in a Corporate

question 23

Multiple Choice

How can a 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 emphasize 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:

Distributed Practice

A learning strategy that involves spreading study sessions and learning activities over time, which has been shown to improve retention and understanding of material.

Semantic Processing

The processing of the meaning of words, phrases, and sentences, contributing to the understanding of language.

Shallow Processing

Cognitive processing of stimuli at a basic level based on their superficial attributes rather than their deeper meaning.

Implicit Memory

Memory that facilitates the performance of tasks through the influence of prior experiences, all the while the individual remains unaware of these influences.