Examlex
How can a firm change its industry structure from monopolistically competitive or oligopolistic to a near monopoly?
Nominal Group Technique
A structured brainstorming method for group decision-making that involves individuals generating ideas independently before sharing them collectively for consideration.
Single Thought Pattern
The tendency of an individual or group to focus on one particular idea or perspective, often to the exclusion of alternative viewpoints.
Social Loafing
The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.
Overt Judgments
Explicit and open evaluations or decisions about someone or something.
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