A phenomenon that occurs in decision making when group members avoid disagreement as they strive for consensus is known as
A. intuition.
B. groupthink.
C. domination.
D. goal displacement.
E. satisficing.
Answer: B
You might also like to view...
A particularly bad recession (in which output declines much more than usual for a recession) is called
A. an inflationary period. B. a downturn. C. a peak. D. a depression.
The denominator of the gross margin markup percentage is total production costs
Indicate whether the statement is true or false
Which of the following strategies is most closely associated with a societal marketing orientation?
a. Using greenwashing techniques b. Fostering opportunism c. Using clean energy sources d. Increasing overhead production costs
For commodity products where price is set by the market, manufacturers can use lot size based quantity discounts to achieve coordination in the supply chain and decrease supply chain cost
Indicate whether the statement is true or false.