In Situations Where Group Members Must Pool Their Efforts to Achieve

question 126

Multiple Choice

In situations where group members must pool their efforts to achieve a goal, it is not uncommon for one or more group members to be free riders. This"free rider" effect is known as

• A) social loafing.
• B) groupthink.
• C) social facilitation.
• D) group polarization.

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Definitions:

Saves

In finance, the amount of money that is set aside from income, typically in a savings account or other forms of secure investment.

Retirement Plan

A financial strategy that intends to provide individuals with income or resources during their retirement years.

Deposited

The action of placing money into a financial account or institution for safekeeping or to earn interest.

Compounded Annually

Interest calculation on the principal and the accumulated interest once a year.