The Majority-Wins Rule in Group Decision Making Is an Example

question 1

Multiple Choice

The majority-wins rule in group decision making is an example of:

• A)a group heuristic
• B)a social decision scheme
• C)groupthink
• D)the nominal group technique

Comprehend the implications of IT for business innovation and competitive advantage.

Grasp the relationship between IT and organizational performance.

Understand the legal and ethical considerations inherent in IT management and usage.

Understand the definition and functionalities of unmanned aerial vehicles (drones).

---

Definitions:

Cost Of Goods Sold

Costs directly linked to the creation of products sold by a company, including expenses for materials, labor, and overhead.

Horizontal Analysis

An analysis technique that evaluates trends over time by comparing financial statement line items or ratios across multiple periods.

Financial Statement Data

Information presented in financial statements, including the balance sheet, income statement, and cash flow statement, to inform users about a company's financial status.

Percent Of Fixed Assets

A financial ratio that indicates what portion of a company's total assets are made up of fixed assets, such as property, plant, and equipment.