All of the Following Are Disadvantages of Involving Employees in the Decision

question 11

Multiple Choice

All of the following are disadvantages of involving employees in the decision making process EXCEPT?

• A)If employees do not have the proper expertise, participative decision making will likely result in a low-quality decision.
• B)Employees are often able to identify potential obstacles to implementing a decision as well as ways to avoid them.
• C)If meetings are not well structured, individuals with appropriate expertise may fail to contribute to the discussion.
• D)When group members are overly cohesive, they may also become overly concerned with gaining consensus and suffer from groupthink.
• E)If meetings are not well structured, individuals with little or insufficient knowledge can over-contribute and dominate the discussion.

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Definitions:

Aggregate Income

Aggregate Income is the total income earned by all individuals or entities in the economy within a specific period.

Consumption Function

An economic formula representing the relationship between total consumption and gross national income, indicating how income changes affect spending habits.

Aggregate Income

The total income earned by all factors of production in an economy over a specific time period, including wages, rents, interest, and profits.

Aggregate Consumption

The total amount of goods and services consumed in an economy over a given period of time.