In the Nominal Group Technique of Decision Making,after All the Members

question 40

Multiple Choice

In the nominal group technique of decision making,after all the members have discussed the ideas,they ________.

• A)discuss their ideas one-to-one with the group leader
• B)present their personal views on each of the ideas discussed
• C)write down each idea on the board for all the other members to refer to
• D)vote by a secret ballot to support their favorite idea
• E)adopt and implement the most cost-effective idea

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Definitions:

Rate of Return

Rate of return refers to the profit or loss achieved from an investment during a specific time frame, represented as a percentage of the investment's original price.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage.

Principle

The original amount of money invested or loaned, before interest is added.

Graduate

A person who has successfully completed a course of study or training, especially one provided by a college or university.