The Everyday Error That Involves the Reluctance to Change Ideas

question 28

Multiple Choice

The everyday error that involves the reluctance to change ideas even in light of new information is called:

• A) Overgeneralization
• B) Selective observation
• C) Inaccurate observation
• D) Illogical reasoning
• E) Resistance to change

---

Definitions:

Flexible Budget

A budget that is conceived to flex with variations in activity scale or volume.

Selling

The process involved in promoting and transferring ownership of a product or service to a customer in exchange for payment.

Administrative Expense

Costs associated with the general administration of a business, including salaries of non-sales personnel, office supplies, and rent, not directly tied to production or sales.

Tenant-Days

A metric used in property management, representing the total number of days that tenants occupy a space within a specific period.