In 1992,the Enron Development Corporation,a Subsidiary of the Houston-Based Energy

question 58

Multiple Choice

In 1992,the Enron Development Corporation,a subsidiary of the Houston-based energy company,signed a contract to build the largest-ever power plant in India,requiring a total investment of $2.8 billion.After Enron had spent nearly $300 million,the project was canceled by Hindu nationalist politicians in the Maharashtra state where the plant was to be built.Which of the following is true?

• A)Upon the news release of the project cancellation, Enron's share price fell immediately by about 10 percent.
• B)In the process of structuring the deal, Enron made a profound political miscalculation: Instead of waiting for the next election results, Enron rushed to close the deal and began construction, apparently believing that a new government would find it difficult to unwind the deal when construction was already under way.
• C)Enron had the last laugh, however when they went bankrupt and left the power plant unfinished.
• D)All of the above

Understand how consensus in team decision making is achieved and its significance.

Acknowledge the benefits and challenges of group decision making.

Learn strategies for preventing and overcoming groupthink in team settings.

Understand the characteristics that distinguish high-performance teams from regular groups.

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Definitions:

Team Member

An individual who is part of a group working together towards a common goal.

Spokesperson's Behavior

The manner in which a designated representative communicates or behaves on behalf of an organization or group.

Ethical Pressures

Refers to the moral challenges and dilemmas that individuals or organizations face, which can impact decision-making and behavior.

Sports Agents

Professionals who represent athletes in negotiations and other business matters to maximize their clients' careers and financial success.