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What are the advantages and disadvantages of group decision making?

1) Advantages: Increased diversity of ideas, Enhanced creativity
2) Disadvantages: Longer decision-making process, Potential for conflicts

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Final answer:

Group decision making offers increased diversity of ideas and enhanced creativity but faces a lengthier process and conflict risks. Transaction and conformity costs, along with phenomena like group polarization and groupthink, affect the process. Strategies to counter groupthink include seeking external opinions, private voting, and careful management of group dynamics.

Step-by-step explanation:

Advantages and Disadvantages of Group Decision Making

Group decision making has its own set of advantages such as the increased diversity of ideas and enhanced creativity, resulting from multiple perspectives and experiences coming together. However, it is not without its disadvantages, including the potential for a longer decision-making process and the possibility of conflicts, which can arise from differing opinions and interests within the group.

Challenges in Group Decision Making

Groups face coordination challenges, especially when members agree on goals but not on specifics. The transaction costs—time, effort, and resources dedicated to decision-making—and conformity costs—the gap between each member’s ideal decision and the group’s final choice—are critical considerations. Moreover, group polarization and groupthink are phenomena that can significantly influence the outcomes of group decisions. The former can intensify initial attitudes, fostering extremism, while the latter suppresses dissent and promotes uniformity.

Preventing Groupthink and Enhancing Decision-making

Several strategies can mitigate the effects of groupthink, including seeking external opinions, private voting, and withholding the leader's position until all members have expressed their views. Balancing these methods with the need for effective coordination is essential in achieving optimal decision-making outcomes in a group setting.

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