People Tend to Reduce Effort When Working in a Group

question 23

Multiple Choice

People tend to reduce effort when working in a group as opposed to when working alone. This phenomenon is known as ____.

• A)social facilitation
• B)evaluation apprehension
• C)the bad apple effect
• D)social loafing

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Definitions:

Legal Dividend

A dividend that a company is legally allowed to distribute as determined by its net income or retained earnings.

Noncumulative Preferred Stock

A type of preferred stock that does not accumulate unpaid dividends; if a dividend is skipped, it is not required to be paid later.

Retained Earnings

The portion of net earnings not distributed as dividends to shareholders but reinvested in the business or kept as a reserve.

Par Value

The face value of a bond or stock as stated by the issuer, which may differ from its market value.