Managers Can Use a Variety of Techniques in Group Decision-Making

question 53

Essay

Managers can use a variety of techniques in group decision-making situations to counteract situations in which the group is suffering from groupthink or cognitive biases. Two such techniques have been shown to be especially useful in such situations. Discuss these two techniques and give an example of each.

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Definitions:

Commodification

The process whereby goods and services become available for purchase in the market.

Polygyny

A form of marriage in which a man is allowed to have more than one wife at the same time, a practice observed in certain cultures and societies.

Monogamy

The coupling of two people, excluding the intimate involvement of others.

Indicative

Pertaining to a grammatical mood used to make factual statements or pose questions considered to be objectively true in the world.