SCENARIO 9-1 Your Organization Is Considering the Use of Teams for Decision

question 2

Multiple Choice

SCENARIO 9-1
Your organization is considering the use of teams for decision making.You have read and studied the topic extensively.Now you are trying to inform your manager about the advantages and disadvantages of group decision-making.

-Referring to SCENARIO 9-1,you should expect to find that an advantage is that

• A)group decision-making will be faster.
• B)group discussions will be shared equally.
• C)there will be increased acceptance of the decision.
• D)group decision-making will not be viewed as legitimate.
• E)group decision-making will avoid risks.

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Definitions:

Cost Method

An accounting method used to record investments at their original purchase cost.

Consolidated Net Income

Consolidated net income refers to the total earnings of a parent company and its subsidiaries after taxes and expenses, adjusted for minority interests.

Consolidated Retained Earnings

The cumulative amount of net income earned by a parent company and its subsidiaries, less any dividends paid, as presented in consolidated financial statements.

Consolidated Net Income

Consolidated net income refers to the total profit of a parent company and its subsidiaries after all intercompany transactions have been eliminated, representing the overall earnings of the corporate group.