Your Organization Has Recently Started Using Group Decision Making

question 103

Multiple Choice

Your organization has recently started using group decision making. You are most likely to observe that ________.

• A) group decision making is slower than individual decision making
• B) group decision making leads to decreased acceptance of the solution
• C) groups generate less information and knowledge than individuals
• D) group decisions are less creative than individual decisions
• E) group decisions are more accurate than the judgments of the most accurate individual in the group

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Definitions:

Amortize

The process of spreading out a loan or intangible asset cost over a specific period of time for accounting and tax purposes.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer; it is not indicative of the security's market value.

Semiannually

Happening biannually or once every six months.

Market Interest Rate

The prevailing rate of interest available in the market on debt, which varies with market conditions and the term and risk of the investment.