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:

Pepsi

A global brand of carbonated soft drinks produced and manufactured by PepsiCo.

Marginal Utility

The extra pleasure or advantage gained by using an additional unit of a product or service.

Total Utility

The total satisfaction or benefit received by consuming a product or service.

Budget Line

A graphical representation showing all possible combinations of two goods or services that a consumer can afford with their income, given the prices of the goods.