Groups Tend to Be More Efficient and Less Effective Than

question 149

True/False

Groups tend to be more efficient and less effective than individual decision making.

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Definitions:

Self-sufficient

The ability of an entity or individual to meet all of its needs without external assistance.

GATT

The General Agreement on Tariffs and Trade, a multilateral treaty aimed at reducing trade barriers and promoting international trade through the reduction of tariffs and quotas.

World Trade Organization

An international organization designed to regulate and facilitate international trade between nations.

General Agreement on Tariffs and Trade

An international treaty that aimed to reduce tariffs and other trade barriers, leading to the establishment of the World Trade Organization.