Which of the Following Is Not True About Decision Making

question 17

Multiple Choice

Which of the following is not true about decision making in organizations?

• A) Groups make better decisions about ill-structured problems than individuals.
• B) Group decision making works well when managers need the commitment of those affected by the decision.
• C) Individuals make better decisions than groups when working with complex problems.
• D) Managers use group decision making in situations affecting multiple constituencies.

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Definitions:

Stock Market

A public market for buying and selling equity securities and derivatives of companies, facilitating capital exchange between investors.

Trading Securities

Financial instruments that are bought and sold for the purpose of generating profit from short-term price movements.

Fair Value Method

An accounting strategy used to assess the current market value of an asset or liability rather than its historical cost.

Unrealized Loss

A loss that has occurred on paper due to a decrease in the value of an investment or asset, but has not been realized through a transaction.