Brainstorming Is a Technique Used in Group Decision Making

question 31

Multiple Choice

Brainstorming is a technique used in group decision making.To brainstorm,group members are encouraged to offer all of their ideas without internally censoring them.The group has an open discussion,examining all the ideas and available data.As you might expect,brainstorming was developed to counter:

• A) social loafing
• B) social facilitation
• C) group polarization
• D) groupthink

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Definitions:

Acid-Test Ratio

Acid-test ratio is a financial metric used to determine a company's short-term liquidity position by comparing its most liquid assets to its current liabilities.

Accounts Receivable Turnover

A financial ratio indicating how many times a company's receivables are turned over and collected in cash during a period.

Current Ratio

A liquidity ratio that measures a company’s ability to pay short-term and long-term obligations, calculated as current assets divided by current liabilities.

Total Current Assets

The sum of all assets likely to be converted into cash within a year, including cash, marketable securities, accounts receivable, and inventory.