Groupthink Generally Occurs

question 62

Multiple Choice

Groupthink generally occurs

• A) in all decision making groups.
• B) among dissatisfied group members.
• C) in highly cohesive decision making groups.
• D) in response to intergroup conflict.

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Definitions:

Net Credit Sales

The total revenue from sales made on credit minus any returns or allowances.

Promissory Note

A fiscal device comprising a binding commitment from one party to another to remit a precise sum of money, which can be demanded anytime or on a predetermined date.

Merchandise

Goods that are bought and sold in business.

Sales Transaction

An exchange in which goods, services, or assets are sold and transferred from a seller to a buyer.