The Term Group Polarization Refers to a Phenomenon Whereby ____

question 71

Multiple Choice

The term group polarization refers to a phenomenon whereby ____.

• A)groups divide themselves into two poles, or "sides"
• B)groups tend to make riskier decisions than individuals do
• C)groups tend to make more extreme decisions than individuals do (whether extremely risky or "extremely something else")
• D)groups identify a "rival group" against which they are competing

---

Definitions:

Original Cost

The initial purchase price or cost of acquiring an asset before any depreciation, amortization, or impairment costs are deducted.

Fair Value

An estimate of the market value of an asset or liability, based on the current price at which it could be bought or sold in an open market.

Legal Life

The period in which an asset is legally allowed to be used for its intended purpose, or the duration of intellectual property protection under law.

Useful Life

The estimated period over which a fixed asset is expected to be usable by an organization.