Examlex
What is the effect of a firm's low performance on the pursuit of diversification?
Collective Task
A task designed to be completed by a group of individuals working together, requiring cooperative effort and coordination.
Wisdom of Crowd
The collective opinion of a group of individuals rather than that of a single expert, often leading to more accurate conclusions or predictions.
Averaging Judgments
The method of combining multiple opinions or estimates to produce a single, more reliable judgment, often used in decision-making processes.
Ringelmann Effect
A phenomenon where individual productivity decreases as the number of people in a group increases.
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