In Your Team's Meeting with Your Prime Client, You State

question 61

Multiple Choice

In your team's meeting with your prime client, you state, "We have been trying to get that data, both Arnie and I, since last October." Your manager, Georgina, gives you a stern look like "Don't air our dirty laundry in public." You say very little after the stare. How you behaved in the remaining part of the meeting is an example of what type of groupthink attribute?

• A) Direct pressure
• B) Self-censorship
• C) Rationalization
• D) Mind guarding

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Definitions:

Inferior Good

A good for which demand decreases as consumer income rises, unlike normal goods, for which demand increases as consumer income rises.

Cross Elasticity of Demand

A measure of how the quantity demanded of one good responds to a change in the price of another good.

Soft Drinks

Non-alcoholic beverages that are typically carbonated and contain various flavorings and sweeteners.

Cross Elasticity of Demand

A measure of the responsiveness of demand for a good to a change in the price of another good, showing the degree of substitutability or complementarity between them.