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. This is an example of which management bias?
A) Being influenced by emotions
B) Perpetuating the status quo
C) Seeing what you want to see
D) Justifying past actions
E) Being influenced by initial impressions

Question

Quizplus · Accepted Answer

The Answer of 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. This is an example of which management bias?
A) Being influenced by emotions
B) Perpetuating the status quo
C) Seeing what you want to see
D) Justifying past actions
E) Being influenced by initial impressions

Finance Managers at Big Bend Inc