The reservations department of a major airline meets weekly to discuss ways to improve the sales quota. Whenever they meet, Sam (a new employee), is the only one to express a differing opinion. At first the leader just asked him not to rock the boat, but as time went on, the group began to ignore Sam and speak as though he had not said anything. This is a sign of what symptom of groupthink?
A) ?Self-censorship.
B) ?Rationalization.
C) ?Illusion of unanimity.
D) ?Direct pressure.
D
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In a recent survey about appliance ownership, 58.3% of the respondents indicated that they own Maytag appliances, while 23.9% indicated they own both Maytag and GE appliances and 70.7% said they own at least one of the two appliances.Define the events asM = Owning a Maytag applianceG = Owning a GE appliance a.What is the probability that a respondent owns a GE appliance?b.Given that a respondent owns a Maytag appliance, what is the probability that the respondent also owns a GE appliance?c.Are events M and G mutually exclusive? Why or why not? Explain, using probabilities.d.Are the two events M and G independent? Explain, using probabilities.
What will be an ideal response?
In Think Again, the authors analyzed 83 cases in which leaders made bad decisions. According to the authors,
a. emotions lead to bad decision-making and emotions should be eliminated as much as possible from decision-making b. emotions are essential to decision making c. emotions and decision-making are totally separate processes, so emotions do not hinder or help decisions d. cognitions precede emotions, so emotions are the result of thought processes and not the cause
The basic assumption of the Gordon growth model is that:
A) Dividends will grow at a faster rate than the required return. B) No earnings will be retained by the firm to finance growth prospects. C) Bonds are perfect substitutes for common stock. D) Dividend payments will grow at a constant rate. E) The firm will never pay dividends.
________ is based on a user's position power, which is given by the organization.
Fill in the blank(s) with the appropriate word(s).