Use the Information for the Question(s)below

question 17

Multiple Choice

Use the information for the question(s) below.
The Sisyphean Company is planning on investing in a new project.This will involve the purchase of some new machinery costing $450,000.The Sisyphean Company expects cash inflows from this project as detailed below: The appropriate discount rate for this project is 16%.
-The payback period for this project is closest to:

• A)2.1 years.
• B)3.0 years.
• C)2.0 years.
• D)2.2 years.

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Definitions:

Social Perception

A subfield of social psychology that studies the ways in which we form and modify impressions of others.

Deindividuation

A psychological state where individuals abandon self-awareness and norms in group contexts, leading to uncharacteristic behavior.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically performing better on simple or well-rehearsed tasks.

Groupthink

is a psychological phenomenon that occurs within a group of people, where the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.