Finance managers at Big Bend Inc. made a financial blunder when they solely looked at the previous year's sales to estimate sales for the coming year. Of which of the following management biases is this an example?
A. Seeing what you want to see
B. Perpetuating the status quo
C. Being influenced by emotions
D. Being influenced by initial impressions
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Finance managers at Big Bend Inc. made a financial blunder when they solely looked at the previous year's sales to estimate sales for the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Kim placed an order with her broker for 800 shares of each of three IPOs being offered this week. Each of the IPOs has an offer price of $30.
Answers (1)
What does the free rider problem suggest might happen if the government stopped collecting taxes and relied on voluntary contributions?
Answers (2)
The National Insurance Corporation has $1,000 par value bonds with a coupon rate of 8% per year making semiannual coupon payments. If there are twelve years remaining prior to maturity and these bonds are selling for $876.
Answers (1)
Henrietta Marston plans to retire at a specific date in the future. She is considering a fund that will be more risk-oriented now and become increasingly conservative as she approaches retirement.
Answers (1)
When a consultant prepared marketing dashboards showing sales data for different household types over a four-year period for Tony's pizza, this was which step of the marketing research approach?
Answers (1)
New Questions in Business
On June 1, Davis Inc. issued an $84,000, 5%, 120-day note payable to Garcia Company. Assume that the fiscal year of Garcia ends June 30.
Answers (2)
You invest $50,000 now and receive $10,000 per year for 15 years starting at the end of the first year.
Answers (1)
A high school currently require students to purchase a parking pass in order to park in the parking lot, but for the coming year they are considering letting all students park for free.
Answers (2)
An oligopolistic market structure is distinguished by several characteristics, one of which is a difficult entry. Which of the following are other characteristics of this market structure? Check all that apply. a. Market control by many small firms.
Answers (1)
Who should you' alert that you are interviewing for jobs? A. Your references B. Other possible employers C. Your classmates D. Your present employer
Answers (1)