According to Irving Janis, Groupthink Is the Deterioration of Group

question 106

Multiple Choice

According to Irving Janis, groupthink is the deterioration of group effectiveness caused by

• A) group disagreement and conflict.
• B) lack of appropriate group roles.
• C) failure to get beyond the storming stage of group development.
• D) in-group pressure to conform.
• E) lack of a structured procedure for problem solving.

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Definitions:

Ratio Analysis

An examination of the relationship between two numbers or sets of numbers on financial reports. Analyses of ratios, especially over time, can give a fairly clear picture of how well a company conducts its business.

Statement Analysis

The process of examining financial statements to make business decisions, which often involves assessing profit, liquidity, and solvency among other aspects.

Common Stockholders' Equity

The portion of a company's equity that belongs to holders of its common stock, including retained earnings and contributed capital.

Net Income Before Taxes

The total revenue minus the total expenses, excluding tax expenses.