Describe the concepts of groupthink and focalism

Assignment Help Other Subject
Reference no: EM131234379

1. Describe the concepts of groupthink and focalism and the similarities and differences that exist between the two.

2. Think about an organization for which you currently work or one that you previously worked for. Do you believe that groupthink affects or has ever affected the organization's decision-making process? Why or why not?

3. Compare and contrast individual and group decision-making. What are the advantages and disadvantages of each? Are there certain decisions that are better suited to individual decision-making? What bounded awareness issues are found in individual versus group decision-making?

4. Discuss the following statement. "It is important that organizational managers understand that bounded awareness can and will occur in decision making."

Reference no: EM131234379

Questions Cloud

Define the scope statement for a project : Using the information below, plot out a full project Gantt chart and identify the critical path. How many days does it take to complete the project? What would you need to consider when developing a project budget?
Relaxing its credit terms from the current terms : ABC is considering relaxing its credit terms from the current terms of net 30 to 3/30 net 60. The following information will help you to evaluate the proposal. Show ABC proceeds with the change. Show all relevant calculations.
How can you characterize the rate of return : A project has cash flows -$100, +$55, and +$60.50 in consecutive years. How can you characterize the "rate of return" (loosely speaking) embedded in its cash flows?
Draw the marginal cost of labour (mcl) curve : influence the equilibrium level of wages and employment under monophony? Draw a sketch diagram to illustrate your answer.
Describe the concepts of groupthink and focalism : Describe the concepts of groupthink and focalism and the similarities and differences that exist between the two. Think about an organization for which you currently work or one that you previously worked for
Under what circumstances is a rate of return an irr : Under what circumstances is an IRR a rate of return? Under what circumstances is a rate of return an IRR? - Give an example of a problem that has multiple IRR solutions.
Calculate the project present value : A project pays the investor $5 at t1 and t2. From t3 on, the cash flow will increase by 5%. For example, the cash flow at t3 is $5.25, and the cash flow at t4 is $5.5125. The rate of return is 15%. Calculate the project's present value.
What are responsibilities of the corporate board of director : What are the responsibilities of the corporate Board of Directors and the corporate management group running the corporation? Based upon the state law, the corporate charter and public, why is this so?
Should you take given project : A project has cash flows of +$400, -$300, and -$300 in consecutive years. The prevailing interest rate is 5%. Should you take this project?

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd