Groupthink Can Be a Barrier to Effective Team Functioning

question 2

Multiple Choice

Groupthink can be a barrier to effective team functioning. What are reasons groupthink occurs? Select all that apply.

• A) The team pressures members to agree with everyone on the team.
• B) The group is closely associated with the consequences of its actions.
• C) There is a general closed-mindedness prevalent in the group.
• D) The team accepts too many suggestions.
• E) Members are unwilling to go against group ideas.

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Definitions:

Payback Period

The time required for an investment to generate cash flows sufficient to recoup the initial investment cost.

Rate of Return

A measure of the profit or loss on an investment over a specific period, expressed as a percentage of the investment's initial cost.

Minimum Required Rate

The lowest return rate necessary for an investment to be considered acceptable.

Net Present Value

Net Present Value (NPV) is a calculation used to determine the current value of a series of future cash flows, taking into account a specified rate of return.