Determining the Rank Order of Prioritized Alternatives Based on a Vote

question 28

Multiple Choice

Determining the rank order of prioritized alternatives based on a vote cast by members of the decision-making group is an integral part of ________.

• A)the brainstorming approach
• B)nominal group training
• C)leader training
• D)the Delphi technique

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Definitions:

Purchases

Merchandise for resale. It is a cost.

Departmental Gross Profit

The profit made by individual departments within a company, calculated by subtracting the cost of goods sold from the sales revenue generated by each department.

Revenue

Income generated from normal business operations and includes discounts and deductions for returned merchandise.

Profit Center

A segment or part of a business directly responsible for its profits and losses.