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Romashka [77]
3 years ago
5

Which of the following is an example of groupthink? A. Everyone on the team agrees with whatever you have to say with very limit

ed discussion. B. Your team members discuss solutions for several weeks before reaching a consensus. C. One member of your team refuses to come to any decision about the problem at hand. D. Your team members each provide input on the problem before discussing the suggested solutions
Business
2 answers:
lorasvet [3.4K]3 years ago
7 0

<u>D. is the correct option. </u>

<u>Your team members each provide input on the problem before discussing the suggested solutions is an example of groupthink. </u>

<u> </u>

Further explanation:

Groupthink:

A groupthink is an idea where the opinion of group matters and group is a number of people and it discourages the opinion of a single individual.

Justification for the correct and incorrect answer:

A. Everyone on the team agrees with whatever you have to say with very limited discussion: This option is incorrect.

Everyone’s opinion matters but not whatever is being said with very limited discussion. A group discussion is a discussion in a way to make the best decisions with everyone’s consent.

B.Your team members discuss solutions for several weeks before reaching a consensus: This option is incorrect.

A group discussion should not take too much time in discussing any topic. As time-saving is important for everyone.

C. One member of your team refuses to come to any decision about the problem at hand: This option is incorrect.

At the end of the result, the group discussion result should be agreed upon by everyone.  

D.Your team members each provide input on the problem before discussing the suggested solutions: This option is correct.

Team members should provide input on the problem before discussing the suggested solutions. To take the best decisions, every member should provide his opinion.

<u>Thus, team members should provide input on the problems before discussing the solution.  </u>

<u> </u>

Learn more:

1. Communication principles

<u>brainly.com/question/10794541 </u>

2. Life Insurance

<u>brainly.com/question/2674013 </u>

<u> </u>

3. Insurance rules

<u>brainly.com/question/6075135 </u>

<u> </u>

Answer details:

Grade: High School

Subject: Business

Chapter: Communication

Keywords: Which of the following is an example of groupthink, everyone on the team agrees with whatever you have to say with very limited discussion, your team members discuss solutions for several weeks before reaching a consensus, one member of your team refuses to come to any decision about the problem at hand, your team members each provide input on the problem before discussing the suggested solutions, opinion, group, matters, individual, discourages.

Mekhanik [1.2K]3 years ago
6 0

Groupthink is <u>a psychological phenomenon that occurs in groups, where people have a tendency to conform to whatever the group has to say, and thus lead to irrational behaviors and decisions. </u>

Thus, the best answer for the question would be (A) everyone on the team agrees with whatever you have to say with very limited discussion.

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3 years ago
Uncollectible accounts; allowance method estimating bad debts as percentage of net sales vs. direct write-off method [LO7-5, 7-6
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Answer:

1. Bad debt expense = $97,500

2. Accounts receivable written off = $109,500

3. Bad debt expense for 2021 = $109,500

Explanation:

Bad debts expense refers to an uncollectible accounts expense that occurs because goods or services are delivered on credit a company to a customer who did not paid the amount owed.

The questions can be answered as follows:

1. What is bad debt expense for 2021 as a percent of net credit sales?

Under this, bad debt can be calculated using the following formula:

Bad expense = Net credit sales * Estimated bad debt percentage ....... (1)

Where;

Net credit sales = $6,500,000

Estimated bad debt percentage = 1.50%

Substituting the values into equation (1), we have:

Bad debt expense = $6,500,000 * 1.50% = $97,500

2. Assume Ervin makes no other adjustment of bad debt expense during 2021. Determine the amount of accounts receivable written off during 2021.

This can be calculated using the following formula:

Accounts receivable written off = Beginning uncollectible balance + Bad debt expenses - Ending uncollectible balance ............ (2)

Where;

Beginning uncollectible balance = $62,000

Bad debt expenses = $97,500

Ending uncollectible balance = $50,000

Substituting the values into equation (2), we have:

Accounts receivable written off during 2021 = $62,000 + $97,500 - $50,000 = $109,500

3. If the company uses the direct write-off method, what would bad debt expense be for 2021?

Under the direct write-off method, the exact amount of uncollectible accounts as they are specifically identified are recorded.

Based on this explanation, bad debt expense for 2021 is equal to the accounts receivable written off during 2021 calculated in part 2 above. Therefore, we have:

Bad debt expense for 2021 = $109,500

7 0
3 years ago
A firm expects to sell 25,500 units of its product at $16 per unit. pretax income is predicted to be $60,500. if the variable co
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A firm expects to sell 25,500 units of its product at $16 per unit. pretax income is predicted to be $60,500. If variable costs are $8 per unit, total fixed costs must be $143,500.

Fixed costs are costs that stay constant no matter changes in production volume, implying that irrespective of whether output rises or decreases, total fixed costs remain constant within the relevant range.

Rent, labor, depreciation, insurance, and other fixed costs per unit fluctuate over the relevant range, on the contrary.

Given,

Selling price = $16

Variable cost per unit = $8

Units sold = 25,500

Pretax income = $60,500

Contribution Margin = (Selling Price Per Unit - Variable Cost Per Unit) * Units Sold

Substituting the provided information into the above calculation yields,

Contribution margin = ($16 - $8) * 25,500 units                                

= $204,000

Formula:

Pretax Income = Contribution Margin - Fixed Costs

This symbolizes,

Fixed Costs = Contribution Margin - Pretax Income

Substituting the provided information into the above calculation yields,

Fixed Costs = $204,000 - $60,500                

= $143,500

Hence, the answer is $143,500.

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In Moonroof marginal benefit is lesser than its marginal cost.

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