Identify five strategies for resisting groupthink.
What will be an ideal response?
Divide regularly into subgroups and then bring the entire group back together to negotiate
differences. Bring in outsiders—experts or colleagues—to challenge the group’s ideas. Avoid isolation, keeping in contact with other groups. Role-play the reactions of other groups and organizations to reduce
the effects of stereotyping and rationalization. Once the decision has been made, give group members one
last chance to express any remaining doubts about the decision.
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A point-of-purchase display is any form of special display that advertises merchandise
Indicate whether the statement is true or false
DuPont analysis breaks return on assets into net profit margin and borrowing capacity
Indicate whether the statement is true or false
Ocean Company sells a product for $500 on account to Great Atlantic Sales. This transaction will be recorded in the ________.
A) cash payments journal B) sales journal C) cash receipts journal D) purchase journal
Which type of manufacturing/customization is illustrated by production of crude oil, chemicals, and consumer products such as sugar, flour, and salt?
A. make-to-stock B. make-to-order C. assemble-to-order D. engineer-to-order