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Outline the Advantages and Disadvantages of Group Decisions

question 3

Essay

Outline the advantages and disadvantages of group decisions. What are the five keys to group and team empowerment? Identify the two factors that may lower the standards and expectations of a group?


Definitions:

Economic Viability

The ability of an entity or activity to sustain itself financially over the long term.

Alternatives

Different options or choices available in a given situation, often considered when making decisions.

Reducing Cost

Measures taken to decrease the costs associated with the production or delivery of goods and services.

Modernization

The process of adopting the latest technology, organizational practices, or societal norms, aiming at improving efficiency and effectiveness.

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