Goal Displacement,satisficing,and Groupthink Are ____

question 92

Multiple Choice

Goal displacement,satisficing,and groupthink are ____.

• A)advantages of group decision making
• B)disadvantages of individual decision making
• C)disadvantages of group decision making
• D)problems with synergy
• E)a normal aspect of all groups

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Definitions:

Economy's Resources

The total assets available for production, including land, labor, capital, and entrepreneurship, within a given economy.

Unemployment

The situation when individuals who are able and willing to work cannot find employment, often measured as a percentage of the labor force.

Inefficient

Lacking in productivity and not making the best use of resources, resulting in wasted effort or economic inefficiencies.

Production Possibilities Frontier

A curve depicting the maximum achievable levels of two or more products given a fixed amount of resources.