Groupthink Is When a Decision Is Arrived at After All

question 53

True/False

Groupthink is when a decision is arrived at after all alternatives and potential criticisms are considered.

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Definitions:

Excess Cash

The amount of cash holdings that exceeds what a company requires for its immediate operational needs, often considered for investment or distribution.

Little Return

A situation where an investment yields a minimal profit, often below the expectations of the investor.

Low Level of Cash

This term indicates a situation where a business or individual has minimal amounts of liquid assets or money on hand.

Precautionary Demand

The desire to hold cash or liquid assets to guard against unexpected events.