Are Groups Riskier Decision Makers than Individuals

Are Groups Riskier Decision Makers than Individuals A group is defined as two or more employees who interact with each other in such a manner that the behavior and/or performance of a member is influenced by the behavior and/or performance of other members (Gibson, Ivancevich &, Donnelly, Jr., 2000, p. 201). Groups are formed for various reasons. Some reasons involve needs, proximity, attraction, goals, and economics. Groups have many characteristics. These characteristics include the …

…information" (Houghton et al., 2000). References Gibson, J. L., Ivancevich, J. M., & Donnelly, J. H.Jr. (2000). Organizations: Behavior, Structure, Processes (10th ed.). Boston: Irwin McGraw-Hill. Houghton, S. M., Simon, M. & Goldberg, C. B. (2000, December). No Safety in Number: Persistence of Biases and Their Effect on Team Risk Perception and Team Decision Making. Retrieved January 21, 2002, http://proquest.umi.com/pqdweb?Did=000000063460786&Fmt=4&Deli=1&Mtd=1&Idx=1