Ralph Lewis Is the Leader of the Design Team for Boola

question 93

Multiple Choice

Ralph Lewis is the leader of the design team for Boola, Inc.'s new office building. It has become apparent in recent meetings that some team members are attempting to influence how offices in the new building are designed because these members personally want window offices. Ralph is concerned that these members are concentrating on their own self-interests, which may cause the team to become dysfunctional if group members become more concerned about window offices than the overall building. In light of this situation, Ralph is aware that all decision-making groups ________.

• A) have to be led with a strong hand by a determined leader
• B) are polarized, which may or may not be a problem
• C) have the potential for conflict
• D) must be aware of the problems of groupthink

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Definitions:

Cash

Liquid currency and readily accessible funds available in checking and savings accounts, often used to meet short-term financial obligations.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or a normal operating cycle, whichever is longer.

Current Liabilities

Short-term financial obligations that are due within one year and are listed on a company's balance sheet.