Because she beat her goal this year by nearly 30 percent, lori has been telling everyone in the sales department of her incredible skill as a salesperson. but last year when she didn't even reach her goal, she said her failure was due to the poor economy. lori provides an example of

Lori is exhibiting a type of bias that is well-known as self-serving bias.

Self-serving bias is defined as distortion in perceptual processes due to the need to maintain and enhance the person’s self-esteem – also known as a person’s tendency to see themselves in a favorable manner. In the case of Lori, when she cannot reach her goal, she blames the poor economy, but when she managed to do it, she attributed it to her skills as a salesperson.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.