Irving Janis Identified a Group with Structural Flaws That Inhibit

question 41

True/False

Irving Janis identified a group with structural flaws that inhibit the flow of communication as one of the three major factors that contribute to groupthink..

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Definitions:

Insider

An individual with access to confidential information about a company, often an employee or executive, which can affect financial decisions or market performance.

Liquidation

The process of converting a company's assets into cash to pay off creditors before ceasing operations or redistributing assets to shareholders.

Security Interest

A legal claim or lien on collateral that secures the repayment of a debt or performance of some other obligation.

Voidable Preferences

Transactions made by a bankrupt debtor prior to bankruptcy that can be nullified or undone to ensure fair distribution of assets to creditors.