The Tendency for a Group to Make a Less Risky

question 232

Short Answer

The tendency for a group to make a less risky decision than its individual members favour is called the ________.

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Definitions:

Power Distance

The extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally.

GLOBE Studies

A research project exploring how cultural variables affect leadership behavior, organizational practices, and the effectiveness of leadership styles across different cultures.

Cultural Norms

The shared expectations and rules that guide behavior of people within social groups.

Unequally Shared

Describes a situation where resources, responsibilities, or benefits are distributed disproportionately among members of a group.