Janis Argues That Groupthink Occurs When

question 79

Multiple Choice

Janis argues that groupthink occurs when

• A)the leader fails to give sufficient guidance.
• B)groups are highly cohesive.
• C)the group is working on uninvolving tasks.
• D)there is little or no pressure to produce a good solution.

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Definitions:

Firm's Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, giving a snapshot of its financial condition.

Generally Accepted Accounting Principles

A collection of commonly followed accounting rules and standards for financial reporting.

CRA

CRA can refer to a Credit Rating Agency, which is an organization that assigns credit ratings to issuers of certain types of debt securities, as well as the debt instruments themselves.

Economic Life

The expected period of time during which an asset is useful to the average owner, or until an asset is projected to generate economic benefits.