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Define Groupthink

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Essay

Define groupthink.Relate how groupthink might have contributed to the 2003 shuttle disaster.Suggest how groupthink and entrapment might have contributed to the decision to send American troops to Iraq in 2003 and to decisions to remain in Iraq.


Definitions:

Investee Company

A company in which another entity has an ownership interest, signifying a partial or full influence over the company despite not having full control.

Stock

Equity securities that represent ownership interest in a company, giving shareholders a claim on part of the company's assets and earnings.

Equity Method

An accounting technique used by a company to record its investment in another company based on the change in net assets of the investee.

Vapor Company

A term sometimes used to describe a company that exists in name only and has no actual business operations or significant assets; often associated with speculative investments or fraud.

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