Ted was hiring a new financial analyst, and he had several good candidates. He was leaning toward hiring Akiko, a Japanese American woman, because he thinks Asians are better at math. Ted is exhibiting which distortion in perception?

A. racism
B. recency effect
C. stereotyping
D. Pygmalion effect
E. self-serving bias


C. stereotyping

Stereotyping is the tendency to attribute to an individual the characteristics one believes are typical of the group to which that individual belongs.

Business

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The use of ________ as a tool for exchanging goods, services, and information on a global scale is one of the trends that has affected world trade.

A. language translators B. buying centers C. multinational marketing strategies D. tariff and quota policies E. Internet technology

Business

Under a decentralized system, the advertising department is generally a part of 

A. research and development. B. finance. C. sales. D. marketing services. E. product development.

Business

According to MSN money, the stock of Orange Corporation has a beta of 1.5, but according to Yahoo Finance it is 1.75. The expected rate of return on the market is 12% and the risk free rate is 2%

What is the difference between the required rates of return calculated using each of these betas? A) 1.50% B) 1.75% C) 2.0% D) 2.5%

Business

The facts and figures obtained by asking people about their attitudes, awareness, intentions, and behaviors are referred to as

A. statistical inference. B. observational data. C. questionnaire data. D. secondary data. E. primary data.

Business