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Groupthink is a psychological phenomenon that occurs within a group of people in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.
Escalation of commitment is a pattern of decision-making in which individuals or groups continue to invest in a chosen course of action despite mounting evidence that the decision is wrong or that the project …
Design by committee is a pejorative term for a project that has many designers involved but no unifying plan or vision. == Usage of the term == The term is used to refer to …
A cash cow is a product or service that generates significant revenue over a long period of time for the company that sells it. They also generate more cash than they consume.
Analysis paralysis (or paralysis by analysis) is a state of an individual or a group in which excessive analysis of a situation cause forward motion or decision-making to become paralyzed, meaning that no solution …
The law of triviality is C. Northcote Parkinson's 1957 argument that people within an organization commonly give disproportionate weight to trivial issues.
The term bleeding edge has been used to refer to some new technologies, formed as an allusion to the similar terms "leading edge" and "cutting edge".
The bystander effect (also called bystander apathy or the Genovese effect) is a social psychological theory that states that individuals are less likely to offer help to a victim in the presence of other …
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