Teams Tend to Make Better Decisions When

question 55

Multiple Choice

Teams tend to make better decisions when:

• A)team members have similar backgrounds and characteristics.
• B)the team leader is able to sway the group towards one preference over others.
• C)team norms encourage consensus rather than disagreement.
• D)all of these conditions exist.
• E)none of these conditions exist.

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Definitions:

Unrealized Gain

The increase in value of an asset that has not been sold yet, therefore the gain is not reflected in the income statement.

Consolidated Financial Statements

Financial statements that present the assets and liabilities controlled by the parent company and the total revenues and expenses of the subsidiary companies.

Subsidiary Company

A company that is entirely or majority-owned by another company, referred to as the parent company.

Controlling Interest

Ownership of more than 50% of the common stock of another entity.