Groupthink Involves Excessive Conformity to a Group Norm That Supports

question 138

True/False

Groupthink involves excessive conformity to a group norm that supports agreement among group members.

Comprehend the breadth of activities encompassed by production, including the making of both tangible and intangible products.

Grasp the concept of the transformation process in operations management and its significance in converting inputs into valuable outputs.

Recognize the roles and responsibilities of operations management in organizations.

Identify the similarities and differences between goods and services in the context of operations management.

---

Definitions:

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

Pregnancy Discrimination Act

A United States federal law that prohibits discrimination on the basis of pregnancy, childbirth, or related medical conditions in any aspect of employment.

Employee Retirement Income Security Act

A federal law that sets minimum standards for retirement and health benefit plans in private industry to protect individuals in these plans.

Economic Recovery Tax Act

A law enacted in the United States in 1981, aimed at lowering income taxes to spur economic growth.