Potential Advantages of Group Decision Making Include All of the Following

question 59

Multiple Choice

Potential advantages of group decision making include all of the following EXCEPT:

• A)Group decision making brings more information,knowledge,and expertise to bear on problems.
• B)Group decision making expands the number of alternatives that are considered.
• C)Group decision making improves members' understanding and acceptance of the final decision.
• D)Group decision making increases members' commitment to follow through on implementing the decision.
• E)Group decision making promotes decisions favoured by a small but powerful coalition.

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Definitions:

Online Bankers

Professionals who manage banking services over the internet, including transactions, payments, and customer service.

Binomial Random Variable

A type of random variable that takes fixed values with probabilities defined by a binomial distribution, usually representing the number of successes in a series of trials.

Standard Deviation

An index quantifying the spread or variability among a collection of numbers, illustrating the distance of values from their average.

Insider Information

Confidential information about a company that has not been made public and that could provide a financial advantage in the stock market.