Explain why group decision-making can be more effective than individual decision-making.
Question:
Explain why group decision-making can be more effective than individual decision-making.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
Group decisionmaking can be more effective than individual decisionmaking in various situations due to several advantages that arise when multiple per...View the full answer
Answered By
Krishnavendra Y
I am a self motivated financial professional knowledgeable in; preparation of financial reports, reconciling and managing accounts, maintaining cash flows, budgets, among other financial reports. I possess strong analytical skills with high attention to detail and accuracy. I am able to act quickly and effectively when dealing with challenging situations. I have the ability to form positive relationships with colleagues and I believe that team work is great key to performance. I always deliver quality, detailed, original (0% plagiarism), well-researched and critically analyzed papers.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Reprinted with permission from The Parable of the Sadhu, by Bowen H. McCoy, Harvard Business Review. Copyright Harvard Business Publishing. Last year, as the first participant in the new six-month...
-
Read the following article and answer the questions below: Building Competitive Advantage Through People Magazine: Winter 2002Research Feature January 15, 2002 Reading Time: 23 min Christopher A....
-
Ridge Crest Company has beginning Retained Earnings of $39,000, ending Retained Earnings of $41,500, and a net income of $23,500. What was the amount of dividends declared during the year: $15,500...
-
What is the relationship between the MULTICS project and the early development of computer security?
-
The mechanism of enzymatic oxidation has been studied by isotopic labeling with the aid of deuterated derivatives of ethanol. Specify the number of deuterium atoms that you would expect to find...
-
Consider the following investments: 1. $2,000 at the end of each of the next five years at 10 percent interest compounded annually. ' 2. $12,000 at the end of each of the next eight years at 4...
-
You are doing the first-year audit of Sherman School District and have been assigned responsibility for doing a four-column proof of cash for the month of October 2011. You obtain the following...
-
11. S1 Professional judgment is based mainly on experience in the real world of accounting, and disregards education and training as purely theoretical exercises. S2 Professional skepticism is best...
-
Ryan Ross (111-11-1112), Oscar Omega (222-22-2222), Clark Carey (333-33-3333), and Kim Kardigan (444-44-4444) are equal active members in ROCK the Ages LLC. ROCK serves as agent and manager for...
-
What are some things that can prevent groups from making good decisions?
-
What are the four steps involved in ethical decision-making?
-
Would you rather invest in our nations children or Pentagon waste? The choice is yours. Most of the following selections were taken from letters-to-the-editor columns of news papers and magazines....
-
When the Copper Corporation buys inventory, it must often rely on short-term bank financing to pay for the goods. Bank financing is usually in the form of a short-term self-liquidating loan, where...
-
Describe a selection interview and its primary use. Give an in-depth and situational use for the selection interview process.
-
The workload for a local job shop is subject to considerable fluctuations throughout the year. However, machine operators are difficult to hire and costly to train, so the manager is reluctant to lay...
-
A loan is requested for $50,000 dollars, which is expected to end within 1 year at an interest rate of 50% annually, compounded quarterly. required Get the annual effective rate The total interest to...
-
You as Chief Financial Officer of Goodwill Plc, has compiled the following information and ratios from the Income Statement and Statement of Financial Affairs as at 31.03.2016. Selected balances from...
-
Two disc jockeys at WPYX-FM radio in Albany, New York, were sued for intentional infliction of emotional distress by Annette Esposito-Hilder, who was identified on the air by the two disc jockeys as...
-
Using the information in P11-2B, compute the overhead controllable variance and the overhead volume variance. Data From Problem 11-2B: Huang Company uses a standard cost accounting system to account...
-
Which of the following is not an element of the financial statements? A. Future potential sales price of inventory B. Assets C. Liabilities D. Equity
-
Which of the following is the correct order of preparing the financial statements? A. Income statement, statement of cash flows, balance sheet, statement of owners equity B. Income statement,...
-
The three heading lines of financial statements typically include which of the following? A. Company, statement title, time period of report B. Company headquarters, statement title, name of preparer...
-
HR professionals are expected to be change agents who lead the organization and its employees through organizational change. True False * 1 point Equal pay for equal work specifies * 1 point that:...
-
286 >> Communicate Business Concepts 1. Identify each of the following items as either hardware or software. a. monitor (screen) b. word processing program c. chips d. keyboard e. operating system...
-
Using the following guidelines, create a python program. 1. You will be using the CPT180Stuff folder from Chapter 9 Assignment 1 for this assignment. 3. Add four comment lines at the top of the...
Study smarter with the SolutionInn App