Groupthink refers to the tendency of members in highly cohesive groups to lose their critical evaluative capabilities resulting in quick decision making with little consideration of alternatives.

Answer the following statement true (T) or false (F)


True

Groupthink appears when pressures for conformity are combined with an illusion of invincibility to suspend critical discussion of decisions. As a result decisions are made quickly with little consideration of alternatives; often the practice leads to fiascoes that, after the fact, appear totally improbable.

Business

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A) Wholesalers B) Value-added resellers C) Brokers D) Sales agents E) Distributors

Business

An internal control benefit of centralized purchasing in an organization includes which of the following?

a. Separation of authorization from the custody and recording function. b. An increase in the number of vendors used. c. Increased compensation of agents through side agreements. d. Mathematically accurate vendor invoices.

Business

Which of the following is not an access control in a database system?

a. antivirus software b. database authorization table c. passwords d. voice prints

Business

Identify two applications for marketing-mix models

What will be an ideal response?

Business