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Darwish and a few of his classmates decide to form a management club at their college. Over the course of the first semester the following occurs:1. Initially, some of the interested classmates meet to decide what each wants to do in the club. They discuss various rules, and enthusiasm is high.2. A few meetings later, things are quite different. Now individuals who put some of the original ideas on the table are fighting hard for their agendas, and tempers are flaring. Some individuals are also causing conflict in their efforts to gain leadership positions in the club; the president's job is particularly hotly contested.3. After a few weeks of conflict, the members realize that if they do not come together, nothing will get done. The leadership roles have been decided now, and group members begin to relate better and develop a plan.4. By the end of the first semester, the group is running smoothly. The projects are on track, members are executing their assigned tasks, and the group feels a sense of success.In which of the following stages of group formation is the club when its members are in conflict?
Opportunity Cost of Time
The cost associated with forgoing the next best alternative when one chooses to spend time on a specific activity.
Consumption Time
The period during which consumers use or enjoy a good or service.
Theory of Consumer Behavior
A framework that examines how consumers make decisions to allocate their resources on consumption-related items.
Marginal Utility
The increased pleasure received from consuming an extra unit of a good or service.
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