Q.2 . What is groupthink. Explain. [10] According to Irving Janis(1972) ‚ groupthink is "a deterioration of mental efficiency‚ reality testing‚ and moral judgment resulting from in-group pressures". Thus‚ the overemphasis on consensus and agreement leads members to be unwilling to evaluate group members’ ideas critically. This hinders decision-making and becomes an obstacle to group productivity. Certain conditions favour the development of groupthink. i) The first condition is high cohesiveness
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language soon became French (Madagascar). Growth of nationalism was fueled by dissatisfaction under French rule. Madagascar after world war two became an overseas territory within the French Union. The people of Madagascar were required to fulfill unpaid labor to the French plantations. This work created high revenues for colonial administration. On top of this the people were picked to fight for France in both World Wars. A lot of aspects of French rule were not equal between the French and the Malagasy
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institution for the mobilization of finance from the surplus sectors to the deficit sectors. The development of capital market in Nigeria‚ as in other developing countries has been induced by the government. Though prior to the establishment of stock market in Nigeria‚ there existed some less formal market arrangements for the operation of capital market. It was not prominent until the visit of Mr. J. B. Lobynesion in 1959‚ on the invitation of the Federal government‚ to advice on the role the
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The explanation biological factors influencing homosexuality and people trying to figure out if people are truly born that way or if the is a way to cure homosexuality. Researchers have been exploring biological factors that could be contributing to same sex orientation (Santrock‚ 2013). Bialey and Pillard s did a study on identical twins to find contributions to any genetic factor‚ his study show a fifty-two percent concordance rate which means with every homosexual twin‚ the chances that the other
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Stocks versus Bonds: Explaining the Equity Risk Premium Clifford S. Asness From the 19th century through the mid-20th century‚ the dividend yield (dividends/price) and earnings yield (earnings/price) on stocks generally exceeded the yield on long-term U.S. government bonds‚ usually by a substantial margin. Since the mid-20th century‚ however‚ the situation has radically changed. In addressing this situation‚ I argue that the difference between stock yields and bond yields is driven by the long-run
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for the Module;- Individual Assignment Examine the factors that determine the price of houses in a free market. How and to what extent could government policies affect house prices? Your research is to be mainly concentrated on UK housing market. However‚ you can also include references based on different countries. You are required to write a report analysing the current housing market from 2006 to 2012. You need to explain the factors that determine demand and supply of houses in
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cd1) What two factors speed up rates of chemical reaction and weathering in rocks and soils? A) low temperatures; very dry B) low temperatures; very moist C) high temperatures; very dry D) warm temperatures; very moist 2) Which of the following statements about acidic precipitation is likely to be false? A) Chemical weathering and deterioration of exposed rock and metal surfaces will accelerate if acidic precipitation increases. B) Lowered taxes and relaxed governmental regulations will
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Social factors contributed to the French Revolution of 1789 Although social tensions within France certainly contributed to the revolutionary situation in August 1789 it was not the only contributing factor. Divisions and inequality between‚ as well as within‚ the Three Estates created an atmosphere of disharmony while the influence of the enlightenment and liberal ideas fueled the growing discontent of the Estates toward the government and Louis XVI. However‚ political factors‚ like the undermining
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29) All of the following features may be characteristic of preferred stock EXCEPT A) callable. B) no maturity date. C) tax-deductible dividends. D) convertible. Answer: c If a firm has class A and class B common stock outstanding‚ it means that A) each class receives a different dividend. B) the par value of each class is different. C) the dividend paid to one of the classes is tax deductible by the corporation
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The main point on this video is what factors contributed to the stock market crash to start the Great Depression in the 1930s. Because there was no regulation or government involvement in the stock markets at the time‚ corruption ran ramped. In the 1920s and 30s it was not considered corruption because there no laws against insider trading as there are today. The stock markets were manipulated to drive the cost of shares and stock up through the illusion that the market was strong and everyone was
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