Aisha has been asked to organize a team of managers to make decisions regarding some key issues within her company. She has been given a very tight timeline and is concerned about the impacts of cognitive bias and groupthink. Aisha is familiar with techniques such as devil's advocacy and dialectical inquiry and knows they can help combat these issues, but she feels they would take too much time. What advice would you give Aisha about choosing group members?

What will be an ideal response?


Another way to improve group decision making is to promote diversity in decision-making groups. Bringing together managers of both genders from various ethnic, national, and functional backgrounds broadens the range of life experiences and opinions that group members can draw on as they generate, assess, and choose among alternatives. Moreover, diverse groups are sometimes less prone to groupthink because group members already differ from each other and thus are less subject to pressures for uniformity.

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The reserve requirement is 0 percent on the first $6.0 million in transaction deposits, 3 percent on amounts between $6.0 million and $42.1 million, and 10 percent on amounts above $42.1 million.The First Bank of Boston has the following assets and liabilities (all amounts in millions of dollars):

 Assets  Reserves$5.0  Loans$345.0  Securities$70.0     Liabilities + Capital  Transaction deposits$75.0  Nontransaction deposits$315.0  Equity capital$30.0 ? a.Calculate the bank's excess reserves. Show your work.  b.Suppose First Bank makes a loan to a customer equal to the amount of the excess reserves you found in part a. Calculate the bank's excess reserves before the customer spends the proceeds of the loan. Show your work.  c.Now suppose the customer spends the proceeds of the loan. Calculate the bank's excess reserves. Show your work. What will be an ideal response?

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What are the three categories of processing control?

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Dimensions of culture related to how power is used in different societies is an example of which main component of Liden’s servant leadership model?

A. antecedent conditions B. servant behaviors C. leadership outcomes D. transactional leadership

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On an instrument, a mere reference to another writing—“As per contract”— does not render the instrument nonnegotiable.

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

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