Which of the Following Statements Is True Regarding Group Decision

question 18

Multiple Choice

Which of the following statements is true regarding group decision making?

• A) If creativity is important then individuals tend to be more effective than groups.
• B) Group decision making tends to decrease the acceptance of the solution.
• C) Group decisions are typically less time consuming than individual decisions.
• D) Group decisions are generally less accurate than the decisions of the average individual in a group.
• E) Groups generate more complete information and knowledge than individuals.

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Definitions:

Current Assets

Assets expected to be converted into cash, sold, or consumed within a year, including cash, marketable securities, receivables, and inventory.

Capital Intensity Ratio

The Capital Intensity Ratio is a financial metric that measures the amount of investment in capital assets required to generate one dollar of revenue.

Total Asset Turnover Ratio

A financial metric used to assess a company's efficiency in using its assets to generate sales or revenue.

Net Fixed Assets

The value of a company's fixed assets minus depreciation, representing the actual value of the assets in use.