"Groups Function And, Ultimately, Their Effectiveness Hinge[s] on Group Characteristics

question 2

Essay

"Groups function and, ultimately, their effectiveness hinge[s] on group characteristics and processes known collectively as group dynamics." With reference to this statement, explain the importance of group size.

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Definitions:

Wholesalers

Businesses or individuals that sell goods in large quantities at lower prices, typically to retailers or professional buyers.

Distributors

Companies or individuals that buy products from manufacturers and sell them to retailers or directly to consumers.

Wholesale Price

The price charged for goods or services when sold in large quantities, usually to retailers who then sell them to the public.

Retail Price

The total cost at which an item is sold to the consumer, which includes the cost of production, distribution, and a markup for profit.