Johannes Walked into a Meeting Late as Usual

question 31

Multiple Choice

Johannes walked into a meeting late as usual. He wanted to contribute to the discussion because he felt that the plan being discussed would not be feasible in the next few months, but he didn't say anything because he feared receiving negative feedback from his colleagues as a result of being late for the meeting. Choose the best term that describes this symptom of groupthink.

• A) illusion of invulnerability
• B) self-censorship
• C) mind guarding
• D) illusion of unanimity
• E) stereotyping competitors as weak, evil and stupid

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Definitions:

Dishonored Note

A promissory note that has not been paid by the maker at the time of maturity, resulting in default.

Promissory Note

A financial document in which one party promises in writing to pay a determinate sum of money to another, either at a fixed or determinable future time or on demand.

Interest

The cost of borrowing money, typically expressed as an annual percentage of the principal amount.

Allowance Method

An accounting technique used to account for accounts receivable that a company does not expect to collect fully, thereby creating an allowance for doubtful accounts.