Match the Following: -Delphi Technique

question 83

Multiple Choice

Match the following:
-Delphi Technique

• A)The greater outcome and quality of decision options resulting from the group process.
• B)An undesirable group decisional phenomenon that results from within group pressure.
• C)Tendency of group's position to shift to more extreme options than individuals alone would do.
• D)Gathering independent judgments through iterative process and combining them into a group decision even though persons are not in a face-to-face situation.
• E)An open, nonevaluative group problem-solving technique that produces the greatest number of options.

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Definitions:

Indifference Curve Analysis

A graphical representation used in microeconomics to show combinations of two goods that provide the consumer with equal levels of satisfaction or utility.

Numerically Measurable

Refers to data or quantities that can be quantified and expressed in numerical terms, facilitating analysis and comparison.

Utility Analysis

An economic technique for measuring the satisfaction or benefit derived by consumers from consuming goods and services.

Indifference Curve

A graph showing different combinations of two goods that provide equal satisfaction and utility to a consumer.