Which of the Following Steps Can Be Taken by a Manager

question 87

Multiple Choice

Which of the following steps can be taken by a manager to minimize groupthink?

• A) increase the group size
• B) encourage group leaders to develop a stronger sense of group identity
• C) prevent all team members from engaging in a critical evaluation of ideas at the beginning
• D) ask the group members to first focus on the positives of an alternative rather than the negatives
• E) seek input from employees before the group leader presents his or her opinions

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Definitions:

Oligopoly

A market structure characterized by a small number of firms controlling a significant portion of the market share, leading to limited competition and potentially collaborative behavior among firms.

Tacit Collusion

An agreement among competitors to act in a manner that increases profits without explicitly communicating or formalizing their actions as a pact.

Differentiated Products

Products that are similar but distinguished from each other by features, branding, quality, or other attributes.

Tacit Collusion

An unspoken arrangement between firms in a market to set prices or production levels that benefit them at the expense of market competition.