A Shift Toward More Extreme Decisions in a Group as a Function

question 43

Multiple Choice

A shift toward more extreme decisions in a group as a function of discussion is referred to as

• A) group polarization.
• B) biased decision making.
• C) the bystander effect.
• D) diffusion of responsibility.

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Definitions:

Expected Sales

The projected amount of sales that a company anticipates to achieve within a specific period.

Average Collection Period

The average number of days it takes a company to receive payment after a sale has been made.

Operating Cycle

The period between the acquisition of inventory and the collection of receivable generated from sales, reflecting how long it takes for a business to convert its inventory into cash.

Cash Collections

The process of gathering and managing the cash received from customers or clients.