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Performance = ƒ (Needs Motivation)is a Key Motivational

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Performance = ƒ (needs motivation)is a key motivational principle.

Acquire knowledge on the symptoms of groupthink and how it leads to defective decision-making.
Understand the foundational theories and phenomena related to social psychology and group dynamics, including Triplett’s study on competition and Allport's concept of social facilitation.
Identify and describe the key conditions and outcomes of social facilitation, including the impact of task complexity and the presence of others on individual performance.
Describe the characteristics that define a group versus a mere collection of individuals, including concepts of entitativity and interaction among members.

Definitions:

Account Payable

Liabilities or amounts owed by a business to its creditors or suppliers for goods and services received but not yet paid for.

Liabilities

Financial obligations or debts that a company owes to others, which are due to be paid in the future.

Total Assets

The sum of all assets owned by a company, including both current and non-current assets, representing the total resources the company has at its disposal.

Stockholders' Equity

Refers to the residual interest in the assets of a corporation after deducting its liabilities.

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