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Advantages and Disadvantages of group decision making in Businesses

Title: Advantages and Disadvantages of group decision making in Businesses
Category: /Business & Economy
Details: Words: 423 | Pages: 2 (approximately 235 words/page)
Advantages and Disadvantages of group decision making in Businesses
If you are part of a group, working for a company or a club then you will have to make several decisions. Making decisions in a group has its advantages and disadvantages: Advantage 1: There are many more people to contribute to the discussion, meaning more ideas. This means if there is a problem things can be solved more quickly, and solutions are generally of a better quality. For example if there was an architecture firm, …showed first 75 words of 423 total…
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…showed last 75 words of 423 total…we can say that it is beneficial to have decisions made by groups, DEPENDING on the situation. For example if time was limited and the decision would only affect a few people, then it would be best for it to be made by a single person, but if there was a longer time, and the decision would affect a lot more people then it would be best for it to be made by a group.

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