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M: Organizational Behavior 2nd Edition by Steven McShane, Mary Von Glinow
Edition 2ISBN: 978-0077801960M: Organizational Behavior 2nd Edition by Steven McShane, Mary Von Glinow
Edition 2ISBN: 978-0077801960 Exercise 41
Scenario: Nolan's Investments
Nolan is a successful stockbroker who believes he has noticed a trend in the stock prices of a company that produces pork products. Lately, Nolan has been turning a high profit on some higher risk investments. He decides to buy the stock for his clients, disregarding the current environmental conditions that may have an effect on the pork industry, such as the current drought, believing that he is on a winning streak and this venture will also be profitable.
Nolan's belief that he is on a "winning streak" is an example of:
A) Selective attention
B) Perceptual misalignment
C) Mental models
D) Categorical thinking
E) Social Identity
Nolan is a successful stockbroker who believes he has noticed a trend in the stock prices of a company that produces pork products. Lately, Nolan has been turning a high profit on some higher risk investments. He decides to buy the stock for his clients, disregarding the current environmental conditions that may have an effect on the pork industry, such as the current drought, believing that he is on a winning streak and this venture will also be profitable.
Nolan's belief that he is on a "winning streak" is an example of:
A) Selective attention
B) Perceptual misalignment
C) Mental models
D) Categorical thinking
E) Social Identity
Explanation
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M: Organizational Behavior 2nd Edition by Steven McShane, Mary Von Glinow
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