The Tendency to Underestimate the Influence of External Factors and Overestimate

question 76

Multiple Choice

The tendency to underestimate the influence of external factors and overestimate the influence of internal factors when making judgments about the behaviour of others is termed:

• A)self-serving bias.
• B)selective perception.
• C)consistency.
• D)fundamental attribution error.

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Definitions:

Employee Compensation

Refers to the total amount of pay and benefits, including salary, wages, bonuses, and benefits, that an employee receives from their employer.

Supermarkets

Retail stores that offer a wide variety of goods, including food, household items, and often pharmaceuticals, under one roof.

Shelf Space

The physical placement of products for sale within a retail environment, where positioning can affect product visibility and sales.

Barrier To Entry

Factors that make it difficult for new firms to enter an industry.