In the Delphi Technique

question 25

Multiple Choice

In the Delphi Technique

• A) Groups consult an expert in order to make a decision
• B) Members are taught group skills so interaction improves
• C) Individual opinions are circulated until a group average is determined
• D) The authority makes the decision

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Definitions:

Synergies

Synergies are the additional value created by the combination of two companies, expected to result in cost savings or increased revenues beyond what the individual entities could achieve alone.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Investment Opportunities

Options available for entities or individuals to invest capital with the expectation of a positive return.

Vertical Acquisition

The acquisition of a company operating within the same industry but at a different level of the supply chain, enhancing supply chain efficiency.