Ergo Incorporated Loses Its Competitive Edge as the Management Deems

Multiple Choice

Ergo Incorporated loses its competitive edge as the management deems it unnecessary to invest in technology and innovations.Instead,it focuses more on unreliable ventures and ends up taking some risky decisions.What bias does the example indicate?

A) Hindsight bias
B) Self-serving bias
C) Availability heuristic
D) Leniency error
E) Overconfidence