In Group Decision Making, a Form of Tunnel Vision That

question 82

Multiple Choice

In group decision making, a form of tunnel vision that develops in which there is only one "right" viewpoint and suggested alternatives are perceived as signs of disloyalty is called ________.

• A) brainwashing
• B) groupthink
• C) mental programming
• D) group polarization

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Definitions:

Income

The financial benefit achieved regularly through employment or committing capital.

Utility Function

A mathematical representation in economics that assigns a value to each possible choice or bundle of goods to reflect the satisfaction or happiness a consumer derives from it.

Consumption

The application of goods and services by domestic units.

Interest Rate

The percentage of a sum of money charged for its use, determining the cost of borrowing or the return on investment.