Omar Has Noticed That a Chronic Problem Facing the Team

question 10

Multiple Choice

Omar has noticed that a chronic problem facing the team that he is on at work is the is pressure to conform; when the team is discussing a situation, it seems there is pressure to move quickly to agreeing on a decision, which means that the group does not usually adequately consider other alternatives that are less popular and less well known.This phenomenon is known as

• A)groupshift.
• B)perceptual bias.
• C)randomness error.
• D)availability bias.
• E)groupthink.

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Definitions:

Statement of Changes

A financial report detailing the changes in equity of a company over a period, including transactions with shareholders and comprehensive income.

Stockholders' Equity

A company's net worth derived from the difference between its total assets and total liabilities, representing the ownership interest of its shareholders.

Consumable Items

Items that are intended to be used up and replaced in a short period of time, often part of operating supplies.

Expired Costs

Costs that have been incurred and cannot be recovered, often through the consumption of goods or by providing services in a given period.