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AB

Answered

Why do groups and the members of groups change their opinions over time?

On Jul 24, 2024


Groups and the members of groups change their opinions over time due to a variety of factors that can influence their thoughts, beliefs, and behaviors. Here are some key reasons for these changes:

1. **New Information and Knowledge**: As individuals and groups are exposed to new information, they may reassess their opinions. Scientific discoveries, data, and educational experiences can all lead to a shift in perspective.

2. **Social Influence**: Opinions within a group can be swayed by the influence of charismatic leaders, majority views, or social norms. The desire to fit in or be accepted can cause individuals to conform to the changing views of their peers.

3. **Cultural Shifts**: Societal values and cultural norms evolve over time. As these broader cultural contexts change, groups may adapt their opinions to align with new societal expectations or norms.

4. **Technological Advancements**: Technological changes can alter the way we live and think. For example, the rise of social media has changed the way information is shared and discussed, which can influence group opinions.

5. **Personal Experiences**: Individual experiences, such as travel, personal relationships, or significant life events, can lead to changes in opinion. As members of a group undergo different experiences, they bring those perspectives back to the group, potentially influencing the group's collective opinion.

6. **Psychological Dynamics**: Cognitive dissonance, or the discomfort experienced when holding conflicting beliefs, can lead to a change in opinion as individuals seek to reduce this tension. Additionally, as people mature and develop, their personal values and priorities may shift.

7. **Economic and Political Changes**: Fluctuations in the economy, changes in political leadership, and new laws or policies can impact group opinions. Groups may adapt their views in response to the changing political and economic landscape.

8. **Environmental Factors**: Changes in the physical environment, such as climate change or natural disasters, can also lead to shifts in group opinions, particularly regarding environmental policies and practices.

9. **Inter-group Relations**: Interactions with other groups can lead to a reassessment of opinions, especially if those interactions challenge existing prejudices or stereotypes.

10. **Feedback and Reflection**: Groups often engage in discussions and reflections on their beliefs and practices. Through this process, they may identify inconsistencies or areas for improvement, leading to a change in opinion.

In summary, the evolution of group opinions is a complex process influenced by internal dynamics, external factors, and the interplay between individual members and the group as a whole. Understanding these factors can help explain why groups and their members might change their opinions over time.
AB

Answered

Buckbee Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Buckbee Corporation manufactures and sells one product. The following information pertains to the company's first year of operations:   The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 37,000 units and sold 32,000 units. The company's only product is sold for $261 per unit.The net operating income for the year under super-variable costing is: A)  $799,000 B)  $229,000 C)  $714,000 D)  $1,184,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 37,000 units and sold 32,000 units. The company's only product is sold for $261 per unit.The net operating income for the year under super-variable costing is:

A) $799,000
B) $229,000
C) $714,000
D) $1,184,000

On Jul 21, 2024


C
AB

Answered

What is the purpose of dashboards?

A) to provide managers with business strategy indicators
B) to indicate when changes to aspects of business performance are in order
C) to provide managers with a quick understanding of key performance indicators in their business
D) to gain an understanding what data is available for use in various projects

On Jun 24, 2024


C
AB

Answered

Variable costing treats fixed overhead cost as a period cost.

On Jun 20, 2024


True
AB

Answered


Refer to Exhibit 5-1.In the preparation of a revised comparative income statement, Rahm should report income from continuing operations after income taxes for 2010 and 2009, respectively, amounting to

A) $1, 540, 000 and $700, 000
B) $1, 540, 000 and $980, 000
C) $1, 680, 000 and $700, 000
D) $1, 680, 000 and $980, 000

On May 24, 2024


B
AB

Answered

The law of demand implies that:

A) consumers are not responsive to price changes.
B) consumers will buy more at lower prices.
C) sellers will offer more on the market at higher prices.
D) sellers will offer less on the market at lower prices.

On May 21, 2024


B