Which of the Following Steps Can Be Taken by a Manager

question 35

Multiple Choice

Which of the following steps can be taken by a manager to minimize groupthink?

• A) Increase the group size.
• B) Encourage group leaders to express their own opinions especially in the early stages of deliberation.
• C) Prevent all team members from playing the role of "devil's advocate."
• D) Ask the group members to first focus on the positives of an alternative rather than the negatives.
• E) Ask the group leader to actively seek input from all members.

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Definitions:

Balance Sheet

A financial statement that provides a snapshot of a company's financial position by detailing its assets, liabilities, and equity at a specific point in time.

Lower of Cost

A principle that dictates inventory and other assets are recorded at the lesser of their historical cost or market value.

Generally Accepted Accounting Principles

A set of widely adhered to accounting principles and standards used in financial reporting.

Fair Value Accounting

An accounting approach where assets and liabilities are recorded at their current market value.