Studies of the "Wisdom of Crowd" Effect Suggest That

question 6

Multiple Choice

Studies of the "wisdom of crowd" effect suggest that

• A)groups are particularly effective when working on extremely difficult problems.
• B)once the group reaches 5 members,it reaches its maximum level of "wisdom".
• C)making decisions by averaging individuals judgments is,in some cases,both efficient and accurate.
• D)the "crowd" members,to become accurate,must initially discuss the issue among members.

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Definitions:

Career Paradigm

The shifting perspective on careers, viewing them as paths that can change directions based on personal, technological, and market developments.

Rigid Thinking

A mindset characterized by inflexibility, difficulty in adapting to new situations, or refusal to change ideas despite evidence to the contrary.

Ambiguity

Refers to situations, statements, or conditions that are unclear, uncertain, or subject to more than one interpretation.

Organizational Change

refers to the processes through which companies or institutions modify their structures, strategies, operational methods, or cultures.