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Market failure can occur even when the price signals are accurate.
Cohesive Groups
are tightly-knit clusters of individuals who exhibit a strong sense of belonging and mutual support, leading to higher levels of group effectiveness.
Group Activities
Tasks or events designed to be executed or experienced by multiple individuals together, fostering collaboration, teamwork, and social interaction.
Performance Success
The degree to which an individual, team, or organization meets or exceeds set objectives or expectations.
Negative Performance Norms
Established patterns of behavior within a group that accept or encourage poor performance or dysfunctional activities.
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