When a Group of Managers Makes a Decision, the Probability

question 59

True/False

When a group of managers makes a decision, the probability that the decision will be implemented successfully decreases.

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Definitions:

Opposite Finding

Results or conclusions that are unexpectedly contrary or diametrically opposed to a previous hypothesis or common belief.

Industrial-Organizational Psychologists

Psychologists who apply psychological theories and principles to organizations and the workplace, focusing on individual and group behavior.

Applied Research

Applied research is focused on solving practical problems or developing new technologies, as opposed to theoretical or basic research.

Hindsight Bias

The habit of assuming that one would have foretold the result following the occurrence of an event.