Which of the Following Is True About Group Decision Making

question 82

Multiple Choice

Which of the following is true about group decision making?

• A)Groups are more efficient than individuals.
• B)The composition of a group affects its decision making processes and ultimately performance.
• C)Groups make extreme decisions.
• D)Groups were less confident about their judgments than individuals.
• E)Group confidence is a surrogate for group decision quality.

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Definitions:

Equity Method

An accounting technique used to assess the profits earned by investments in other companies, where the investment's value is adjusted to reflect the investor’s share of the investee’s net assets.

Journal Entries

are records of financial transactions in the accounting system, ensuring that the debit and credit balances are equal.

Contractual Agreement

A legally binding contract that outlines the terms and conditions between two or more parties, specifying obligations, rights, and duties.

Proportionate Rights

The entitlements of shareholders to maintain their fractional ownership of a company by buying a proportionate number of new shares during issuance.