The Principle of Group Polarization Refers to How

question 39

Multiple Choice

The principle of group polarization refers to how

• A)the average opinion of like-minded group members becomes more extreme after discussing an issue
• B)group members tend to suspend critical thinking because they want to be accepted by the group
• C)group decisions tend to be more conservative and less risky than similar decisions reached by individuals
• D)individual decisions tend to be more conservative and less risky than similar decisions reached by groups

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Definitions:

Cost of Goods Available

The total inventory cost of goods that a company has available for sale at the beginning of an accounting period, including purchases made during the period.

Net Purchases

Net purchases are the total purchases made by a business after subtracting any returns, allowances, and discounts from the gross purchases.

Freight-In

The cost associated with the transportation of goods from the supplier to the buyer, typically added to the cost of purchases.

Net Sales Revenue

The total revenue from sales of goods or services after deducting returns, allowances, and discounts.