Which of the Following Is a Disadvantage of Group Decision

question 46

Multiple Choice

Which of the following is a disadvantage of group decision making?

• A) Group decision-making processes always look at problems from a narrow perspective.
• B) Group decision-making processes always result in lesser generation of quality ideas.
• C) People who come up with a solution are more likely to support the implementation of the solution only when their contributions are rewarded.
• D) There is a cost to the organization when employees spend their time in meetings instead of producing or selling.

---

Definitions:

Invisible Hand

A term coined by Adam Smith to describe the self-regulating nature of the marketplace in adjusting supply and demand autonomously.

Marketplace

A physical or digital venue where buyers and sellers come together to exchange goods, services, or information.

Marginal Buyer

The consumer who might leave the market if the price was any higher, indicating their participation is sensitive to price changes.

Willingness To Pay

The greatest sum a consumer is ready to spend for a good or service, showcasing the importance they assign to it.