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Wave Company borrowed $10,000 cash from a bank.
Group Polarization
The tendency for a group to make decisions that are more extreme than the initial inclination of its members.
Group Decision Support Systems
Computer-based systems that facilitate collaborative problem solving and decision-making processes within groups, enhancing efficiency and outcomes.
Transactive Memory
A system of collective memory where groups or partnerships share and delegate the responsibility of remembering different types of information.
Groupthink
A phenomenon that occurs within a group when the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.
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