ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Why is group decision a disadvantage?
A
Ambiguous responsibility
B
Group quarrels and conflicts might occur
C
Some of the group members might not take it seriously
D
All of the above
Explanation: 

Detailed explanation-1: -Ambiguity in responsibility is also one of the cons of group decision-making. Since there are many members in the groups the task complexity, who will be accountable if anything happens, and an individual’s responsibility is unclear.

Detailed explanation-2: -Disadvantages of the Group Decision Making Leader Domination: Sometimes, the group leader tries to dominate the deliberation process, and the decision tends to become biased. Social Pressure: Members of the group may agree for the sake of consensus since the social pressure to conform not be the odd one out.

Detailed explanation-3: -Ambiguous responsibility. Group members share responsibility for making decisions, but no one person is actually responsible for the final outcome. In an individual decision, it is clear who is responsible, but in a group decision, the responsibility of any single member is diluted.

Detailed explanation-4: -Inadequately considering all alternatives in order to maintain unanimity. Poor examination of decision objectives. Failure to properly evaluate the risks of the chosen solution alternative. Information searches that are insufficient or biased.

Detailed explanation-5: -A Significant Amount of Time to Complete. Receive Irrelevant Opinions and Ideas. People Refuse to Share their Perspectives. Groups Can Have a Different Priority. The Final Choice Can go Against the Outcomes of an Organization. Groups Reduce the Amount of Accountability. More items

There is 1 question to complete.