A Belief Is

question 66

Multiple Choice

A belief is:

• A)an assumption or inference that challenges scientific or conventional knowledge.
• B)the emotional dependence on a higher,more powerful authority,such as God.
• C)erroneous or inaccurate information easily corrected by presenting observable facts.
• D)a proposition that a person holds as true or false without positive knowledge or proof.
• E)wishful thinking in which someone expects a particular outcome in return for belief.

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Definitions:

Severity Error

A type of evaluation bias in performance appraisals where the assessor tends to rate all individuals either too harshly or too leniently.

Favoritism

The practice of giving unfair preferential treatment to one person or group at the expense of others.

Forced-distribution Method

A performance evaluation method where employees are ranked in a distribution curve, forcing managers to identify top, average, and underperforming employees.

Consumer Surplus

The economic benefit or satisfaction received by consumers when they pay a price lower than what they are willing to pay.