The Power of Conformity in Social Group Settings - Assignment Example

In this situation, Target will learn that the marginal value of liquidity declines as company holds more cash by learning to use cash more efficiently and investing cash whenever possible (Beasley, 2006).... When accounts receivable is low and accounts payable remains the same, investing in marketable securities and other short-term instruments could provide the company with a safety net....

Kelly Tomaska CEO Concerns March 5, 2006 Decisions with group Effort Companies often struggle with bosses who are frustrated with their employees for not taking initiatives in a situation or following rules closely but never going "above and beyond" what is expected of them.... This office as previously stated is using group think which is unhealthy and leads to a lower level of productivity.... The term "group think" was coined by Irving Janis who felt that "each member of the group attempts to conform his or her opinions to what they believe to be the consensus of the group" (Wikipedia)....

 … Moreover, attaining the goal of cohesiveness is achievable by decreasing the group size, increasing the time that the members are spending together, by isolating the group from the external environment, by increasing the status as compared to other groups and by acknowledging the group as a whole for their achievements rather than the group (Fisher, Schoenfeldt & Shaw, pp....

The primary character is the high value of conformity or being common in the first century person and the high value of individuality and independence in the 21st century person.... One possible reason why the first century people detest uniqueness is based on the example that every person is a representative of his or her particular group, either family or community, thus needed to be giving the right impression at all times due to the lack of ways of international communication that can introduce people to other parts of the world....

The third theory, known as self efficacy theory or social learning theory is based upon the thinking of an individual whereby he thinks that he has the ability to achieve certain goals or tasks.... For the purpose of this research, we have conducted an interview of the Manager of Yi Hnag Electric Company; Amanda Gong; who has 5 subordinates who are a part of her team and has more than 15 years of experience. There are three basic theories that are discussed in this… The first one being the Self Determination theory; According to this theory, people are more satisfied if they do what they want to do on their own, bearing the concept of freedom in mind whereas, when this same work is converted into responsibility, then This theory is also based on another theory known as cognitive evaluation theory according to which a person loses interest in his work because of the external factors such as increase in pay etc....

The essay "Team Effectiveness in Politics" believes the group has positive effects.... They enabled the author to work with different people for a common purpose with little or no conflict, to realize that our personal differences should not come between us when working as a group.... Members of their public who wish to speak up during the committee's meeting must make prior arrangements with the group's chairman.... In addition, the members of the planning teams are required by the group's constitution to have gone through the minutes of a meeting prior to attending it for debate (Chelmsford Borough Council, 2012)....

The meeting incorporated all group members from the top level to the subordinate level.... The group was a charity organization and its creation and composition were voluntary.... hellip; This discussion talks that the group mission had an objective to aid immigrants to access the privileges as required by the constitution.... The group is based their community and most of its operations are aimed to change the perception of the community on immigrants and minority races....

I can say that there is some level of conformity to the rules which my family has set such as our sense of self-respect demands; it has always been our internal social control in our family.... The paper "How Family Institution Has Shaped My Identity" discusses that social class can be a form of social force by the disposition of power based on wealth, status and lifestyle.... hellip; Gender, race and ethnicity and social class have had an impact on my identity from the perspective of my family setting....