Which of the following is a disadvantage of group decision making?
A. Lower commitment to the decision
B. Lower levels of confidence in judgments
C. Different perspectives
D. Greater discomfort with the final decision
E. Satisficing
E. Satisficing
Disadvantages of group decision making include (1) groupthink, (2) satisficing, (3) goal displacement.
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List the criteria for evaluating secondary data (Table 4.2 in the text)
What will be an ideal response?
Long term boom and bust cycles that mimic the bullwhip effect include
A) calendars and greeting cards. B) the length of hemlines. C) university textbooks. D) memory chips for personal computers.
An example of a personal defense is
a. minority. b. forgery. c. lack of consideration. d. illegality.
A marketing decision support system is an interactive, flexible computerized information system that bypasses information-processing specialists and gives managers access to useful information from their own desks.
Answer the following statement true (T) or false (F)