Economics homework help

The Power of GroupsGroups may be both a boon (for example, they statistically outperform individuals) and a bane (for example, they take too long) of decision making. While they can systematically outperform individuals, groups are also prey to systematic bias and organizational skewing. Consider the systematic decision-making processes of your own organization. Using  resources, and the Internet, respond to the following:What are the group decision-making processes and structures in place at your current or with a previous employer that were designed to eliminate bias, create structure, and cultivate consistently better decisions?  Were the processes successful? Why, or why not?  How may the structure have facilitated organizational skewing?Write your initial response in 200-400 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation