If You Want to Minimize the Chances of Groupthink, You

question 110

Multiple Choice

If you want to minimize the chances of groupthink, you should pursue all of the following strategies except:

• A) Ask each member to serve in the role of critical evaluator.
• B) If possible, have more than one group work on the same problem independently.
• C) Avoid asking questions and expressing disagreement.
• D) Discuss the potential negative consequences of any decision or action.
• E) Before finalizing the decision, give members a second chance to express doubts.

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Definitions:

Coupon Bond

A type of bond that pays the holder a fixed interest rate (coupon) over the bond's life, with the principal repaid at maturity.

Interest-Rate Risk

The risk that an investment's value will change due to a change in the absolute level of interest rates.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value, representing the income investors will receive.

Price Sensitivity

A measure of how the price of a product or service affects the demand for that product or service.