COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What of the following are disadvantages of group decision making (Select ALL correct answers that apply)?
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The process is time-consuming.
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A dominant and vocal minority can often have an excessive influence on the final decision due to the rank and status of such members.
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It can be exploited by one member who wishes to dilute the responsibility of any decision made to whole the group.
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Some members may withhold unpopular views in order to give the impression of agreement to the popular views.
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It does not provide diverse alternative solutions to solve a problem.
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Explanation:
Detailed explanation-1: -Disadvantages of the Group Decision Making Time Consuming: Group Decision making is a time-consuming process since it involves listening views of every individual present in the account and taking them into account. Greater differences among the group member will consume more time.
Detailed explanation-2: -Disadvantages of Group Decision Making.-Social pressure.-Minority domination.-Logrolling.-Goal displacement.
There is 1 question to complete.