Which of the Following Is an Advantage of Group Decisions

question 96

Multiple Choice

Which of the following is an advantage of group decisions?

• A) Individuals have ambiguous responsibility.
• B) They generate more complete information and knowledge.
• C) They are influenced by minority domination.
• D) They are time consuming.

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Definitions:

Net Income

Final earnings of a corporation post deductions of expenses and taxes from its aggregate revenue.

Revenues

Income generated from normal business operations, including sales of goods and services, fees, commissions, and other sources.

Expenses

Costs incurred in the process of earning revenue, encompassing a broad range of spending from operational to administrative.

Advertising Expense

Advertising Expense represents the costs incurred by a business to promote its products or services through various advertising mediums.