Exhibit 14.8 The Following Questions Use the Information Below

question 80

Multiple Choice

Exhibit 14.8
The following questions use the information below.
A company needs to buy a new insurance policy. They have three policies to choose from, A, B and C. The policies differ with respect to price, coverage and ease of billing. The company has developed the following AHP tables for price and summary. The other tables are not shown due to space limitations.
-Refer to Exhibit 14.8. The Consistency Ratio indicates consistency in the pairwise comparison matrix if the ratio is

• A) ≤ 0.05
• B) ≤ 0.10
• C) ≤ 0.20
• D) ≤ 0.30

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Definitions:

Conformity

The act or behavior of aligning one's beliefs or actions to those of a group or social norm, often due to real or perceived group pressure.

Conformity

Adjusting one's behavior or thinking to match those of a group standard.

Incorrect Majority

The phenomenon where a group wrongfully influences an individual or minority to conform to a mistaken or inaccurate viewpoint.

Groupthink

A mental effect experienced by a group, where the pursuit of agreement or uniformity leads to illogical or inefficient outcomes in decision-making.