Asked by Wenlu Zhang on Jun 12, 2024
Verified
The not-invented-here bias can lead to serious failures to innovate.
Not-Invented-Here Bias
The tendency to ignore or harbor negative attitudes toward ideas from outside one’s own organization or project team.
- Distinguish between different biases impacting the processes of making decisions.
Verified Answer
MH
Markela HudsonJun 14, 2024
Final Answer :
True
Explanation :
The not-invented-here bias, which is a preference for internal innovations over external solutions, can lead to missed opportunities for adopting superior technologies or methods, ultimately hindering innovation and progress.
Learning Objectives
- Distinguish between different biases impacting the processes of making decisions.
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