In Groupthink, Certain Members Take It Upon Themselves to Protect

question 82

Multiple Choice

In groupthink, certain members take it upon themselves to protect the leader from dissenting opinions. This symptom is called ______.

• A) illusion of unanimity
• B) self-censorship
• C) self-appointed mindguards
• D) collective rationalization

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Definitions:

Working Capital

The gap between a firm's immediate assets and liabilities, showcasing the available liquidity for daily business activities.

Operating Cash Inflow

Cash generated from a company's primary business activities, excluding financing or investment related transactions.

Straight-Line Depreciation

A method of allocating the cost of an asset evenly over its useful life, used for calculating depreciation expenses on the income statement.

Capital Budgeting

The process of planning and evaluating investments in long-term assets to determine which projects will generate the most profitable returns.