Steven, a Manager, Gives a Formal Presentation to His Team

question 52

Multiple Choice

Steven, a manager, gives a formal presentation to his team members about the new software that he has reviewed. He feels that it will be very useful for his team and will increase efficiency. However, some members of his team disagree with Steven and argue that it could lead to a decrease in productivity. Steven, irritated at being challenged, feels that the team members are making excuses for being lazy. In the context of this scenario, Steven's judgment has been influenced by his _____ processes.

• A) reflective
• B) media rich
• C) stimulatory
• D) groupthink
• E) perceptive

Identify cognitive biases and their effect on problem-solving and decision-making.

Understand the concepts of mental set and fixation in problem-solving.

Grasp the structures and processes involved in language development.

Comprehend strategies for enhancing creativity and overcoming cognitive biases.

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Definitions:

Liquidated

The process of converting assets into cash or paying off liabilities using the company's assets at the end of its life or during bankruptcy.

Liquidation

Liquidation is the process of bringing a business to an end and distributing its assets to claimants, often occurring when a company is insolvent.

Reorganization

The process of restructuring a company's business operations, finances, or structure to improve profitability or efficiency.

Total Liabilities

The sum of all financial debts or obligations that a company owes to outside parties, recorded on the balance sheet.