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Dvinal [7]
2 years ago
9

The finance team of a company conducts a meeting to discuss the worthiness of investing its funds in the local share market. Alt

hough most of the team members support the idea, one member, Mikhail, feels that the proposed investment is risky as the stock prices of many companies in the market has been erratic. However, Mikhail does not voice his opinion fearing that his dynamics with the team would be affected. This scenario illustrates the concept of _____. Group of answer choices
A. apophenin
B. reverse psychology
C. groupthink
D. conservative bias
Business
1 answer:
Alex Ar [27]2 years ago
4 0

Answer:

C. groupthink

Explanation:

According to my research on in the field of psychology, I can say that based on the information provided within the question this scenario illustrates the concept of groupthink. This is a psychological phenomenon which states that the desire for maintaining a cooperative and harmonious nature within a group leads individuals in that group to behave irrationally leading to bad decision-making choices. Which is what is happening in this scenario since Mikhail isn't voicing her opinion in order to maintain the same group dynamic.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Which of the following actions helps a company find the game plan for​ long-run survival and growth that makes the most sense gi
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Answer: (D) Strategic planning

Explanation:

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4 0
2 years ago
Greg has developed an automobile engine that runs efficiently for up to three hours on a single russet potato. His friends have
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Answer:

Correct option is (a)

Explanation:

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He also had a clear vision as his goal was to make US economy energy efficient. Vision is to have a positive outlook regarding future.

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4 0
3 years ago
Read 2 more answers
Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.40 dividend every year, in perpetuity. If thi
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Answer:

7.92%

Explanation:

7 0
3 years ago
Coccia Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 8 percent coupon
Gre4nikov [31]

Answer:

7.28%

Explanation:

For this question we use the RATE formula that is shown in the attachment below:

Provided that

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3 years ago
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