A Team in an Organization Resists Attempts by Management to Change

question 32

Multiple Choice

A team in an organization resists attempts by management to change its functions or its members. This resistance to change results from ________.

• A) differences in functional orientation
• B) omission bias
• C) group cohesiveness
• D) groupthink

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Definitions:

Discount Rate

The interest rate used to discount future cash flows to their present value, often used as a tool in investment and financial analysis.

IRR Function

Internal Rate of Return function; a financial formula used in capital budgeting to estimate the profitability of potential investments.

Spreadsheet

A digital document that allows users to organize, analyze, and store data in rows and columns.

Discount Rate

Discount rate is the interest rate used in discounted cash flow analysis to determine the present value of future cash flows.