Collective Decision-Making Occurs When More Than One Person Is Involved

question 5

True/False

Collective decision-making occurs when more than one person is involved in the purchasing process for products or services that may be used by multiple consumers.

---

Definitions:

Declined

Refers to a decrease in quantity, quality, or importance of something.

Equivalent

Equal in value, function, or meaning.

Paid Today

A financial transaction or settlement completed on the current date.

Paid

The state of having been transferred money in exchange for goods or services.