The Idea of the Wisdom of Crowds Explains Why Groups

question 90

True/False

The idea of the wisdom of crowds explains why groups of people often come up with more creative solutions to problems than individuals do.

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Definitions:

Benefit Corporation

A type of business structure that aims to create general public benefit in addition to generating profit for shareholders.

Stakeholder Commitment

The support and engagement of individuals or groups who have an interest in the success of a project, initiative, or organization.

Traditional Education

A form of learning that takes place in a structured educational system, typically involving face-to-face instruction in schools or universities.

Trial And Error

A problem-solving method involving repeated, varied attempts which are continued until success, or until the agent stops trying.