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aleksley [76]
3 years ago
5

The product development team of a company conducts a meeting to discuss the worthiness of launching a new product in the market.

The majority of the team members support the idea and believe it would sell in the market. However, one member, Jeff, is not very sure of the success of the product in the market but decides not to voice his opinion fearing that his dynamics with the team might get affected. This scenario illustrates the concept of:
A. reverse psychology
B. conservative bias
C. groupthinik
D. synergy
Business
1 answer:
mamaluj [8]3 years ago
3 0

Answer:

Group think

Explanation:

Groupthink is a group policy-making method in which the interest of such a group is prioritized without given preference to the implication of such decision when taken. It takes into account group unity rather than objective decisions.

In the illustration given, Jeff is not sure about the success of the new product. He kept this opinion to himself for the fear of breaking the unity of the team. <em>This type of Scenario where a group of people think and make decisions alike is groupthink</em>

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Are there any similarities between the characteristics demanded of an entrepreneur and those of a professional athlete? Would an
pychu [463]

Answer:

The demands of an entrepreneur and a professional athlete are more comparative than one may expect.

Explanation:

Professional athlete are required to place in extended periods of time, remain submitted, deal with their bodies, keep an expert notoriety, and deal with their own image. An entrepreneur must work unusual hours, stay with their objectives, deal with themselves, arrange and keep up great associations with sellers and clients, and advance their organisation. So yes they both have similarities and an athlete can work as an entrepreneur because he knows how to work with team members and how to stay on objectives.

4 0
3 years ago
Which method of bond amortization amortizes the premiums/discounts accurately and is considered a conceptually superior method
SashulF [63]

Answer:effective-interest

Explanation:

3 0
2 years ago
Anthony Herrera recently fulfilled his long-time dream of opening a gym that offers spinning exercise classes for $5.42 per pers
Alik [6]

Answer:

(a) $3.48 per unit

(b) 64.2%

Explanation:

(a) Anthony’s contribution margin per unit:

= Selling price per unit - Variable cost per unit

= $5.42 - $1.94

= $3.48 per unit

Therefore, the Anthony’s contribution margin per unit is $3.48 per unit.

(b) Anthony's contribution margin ratio:

= (Contribution Margin Per unit ÷ Selling Price per unit) × 100

= ($3.48 per unit ÷ $5.42 per unit) × 100

= 0.6420 × 100

= 64.20%

Therefore, the Anthony's contribution margin ratio is 64.2%.

8 0
2 years ago
James Grunig, professor emeritus of public relations at the University of Maryland, listed the following possible objectives for
madam [21]

Answer: See explanation

Explanation:

According to James Grunig, professor emeritus of public relations at the University of Maryland, the five possible objectives for a communicator are:

• Message Exposure - This refers to situation when the intended people get exposed to the message that is being shared. Here, materials are provided to the mass media by the PR personel.

• Accurate dissemination of message - Messages must be passed across and communicated as clearly as possible without giving out false information or witholding back some information which is vital for the accuracy of the information delivered.

• Acceptance of the message - The message passed must be accepted by the person that's being addressed.

• Attitude change - There must be an attitude change after the message has been delivered as these shows acceptance and products should be purchased.

• Change in overt behavior - Overt behavior is openly seen and hence, there will be change in overt behavior and the goods will be purchased.

3 0
2 years ago
How does good health contribute to career success?
Dahasolnce [82]
It allows for one to live a healthier, happier, positive, successful life. Good health permits a stronger body and therefore better performance in the work place and an overall sense of optimism. 

xx :)
7 0
3 years ago
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