Decision Making Biases and Errors (Scenario)Newcastle United, a soccer club, was relegated from the top flight two seasons ago. Following relegation, the club's board sacked the manager and hired a new manager to replace him. The club won back promotion to the league and enjoyed a good season. Andy Carroll, the star player for Newcastle, was the top scorer in the league for that season. However, the club, needing to strengthen the team by buying new players, sold Andy Carroll to Liverpool soccer club to buy three average players. The club is presently experiencing a dip in form and is in danger of being relegated again.Which of the following statements, if true, would indicate the presence of self-serving bias on the part of the manager?
A. The manager assumes moral responsibility for the club's disappointing performance and offers to resign from his position.
B. The manager buys Andy Carroll back from Liverpool at a much higher price to revive the team's fortunes.
C. The manager blames the board for selling the top scorer and replacing him with below-par players.
D. The manager threatens to quit if the board refuses to buy back Andy Carroll from Liverpool immediately.
Answer: C
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