Appointing a Devil's Advocate Might Be a Way to Prevent

question 17

True/False

Appointing a devil's advocate might be a way to prevent groupthink from occurring in a decision-making group.

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Definitions:

Liquidity Ratio

Financial metrics that measure a company's ability to meet its short-term obligations using its most liquid assets.

Profitability Ratio

A class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, assets, equity, or other financial metrics.

Solvency Ratio

Financial metrics used to evaluate a company's ability to meet its long-term debt and other obligation by comparing its assets to its liabilities.

Profit Margin

A financial metric that measures the amount of net earnings a company makes as a proportion of its sales.