Group Decision Making Should Be Used When Strong Commitment to the Decision

question 39

True/False

Group decision making should be used when strong commitment to the decision is needed and when there is a low probability of acceptance if only one person makes the decision.

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Definitions:

Financial Reporting

The method of generating reports that reveal the financial condition of an organization to its management, investors, and governmental authorities.

Top Executives

are the highest-ranking employees in a company or organization, responsible for making major corporate decisions.

Autocratic Control

Refers to a management style where decision-making powers are centralized in the hands of one individual, with little to no input from subordinates.

Organizations

Structured groups of individuals working together to achieve shared goals through a systematic arrangement of resources, information, and activities.