Examlex
Market structures are categorized by:
Work Group
A collection of individuals who come together to achieve a specific goal or task, often within a professional setting.
Committee
A group of people appointed for a specific function, typically consisting of members of a larger group.
Groupthink
A psychological phenomenon that occurs within a group of people when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.
Majority Opinion
The viewpoint held by the greater number of members within a group, often reflected in decision-making processes.
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