Which of the Following Statements About Group Decision Making Improves

question 14

Multiple Choice

Which of the following statements about group decision making improves the chances that the decision will be implemented successfully?

• A) More information is available when several people are making the decision.
• B) Different approaches to solving the problem are available.
• C) People who participate in a group discussion are more likely to understand why the decision was made.
• D) Group discussion provides an opportunity for intellectual stimulation.
• E) A single group member can dominates the discussion.

---

Definitions:

Output Combination

An output combination refers to the mixture of different goods and/or services produced by an economy or firm within a certain period, highlighting the diversity in production.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.

Labor Productivity

The measure of economic output per unit of input, typically calculated as total output divided by the number of hours worked.

Rules Of The Game

The laws, customs, manners, conventions, and other institutional elements that determine transaction costs and thereby affect people’s incentive to undertake production and exchange.