The Board of Directors for a Large Corporation Always Agrees

question 57

Multiple Choice

The board of directors for a large corporation always agrees with the chairman's ideas without any serious discussion, no matter how flawed those ideas seem to be. Which of the following explains the behavior of the board?

• A) yes-men syndrome
• B) iron law of oligarchy
• C) groupthink
• D) the Hawthorne effect

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Definitions:

Self-interests

Refers to actions or decisions motivated by personal gain, advantage, or benefit, often considered in economic and behavioral analyses.

Terminal Values

Terminal values refer to the end goals in life that individuals consider most important and desirable, such as happiness, wisdom, or freedom.

Desired Ends

The specific outcomes or goals that an individual or organization aims to achieve through their actions or strategies.

Ethical Behavior

Conduct that is consistent with principles of moral and ethical standards, often characterized by honesty, fairness, and integrity.