_____ Is a Problem-Solving Process in Which Proposals Are Accepted

question 5

Multiple Choice

_____ is a problem-solving process in which proposals are accepted without a critical, careful review of the pros and cons of the alternatives, and in which considerable social pressure is brought to bear against those expressing opposing points of view.

• A)Negative pressure
• B)Groupthink
• C)Mass decision-making
• D)Majority mentality

---

Definitions:

Letter of Credit

A financial document issued by a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount.

Bank Loan

A bank loan is a sum of money borrowed from a bank that must be repaid with interest over a predetermined period.

Receivables Balance

The complete amount of financial liabilities customers hold towards a company for supplied goods or services awaiting payment.

Accounts Receivable Period

The amount of time it takes for a company to collect payment from its customers after a sale has been made.