Which of the Following Best Describes the Nominal Group Technique

question 8

Multiple Choice

Which of the following best describes the nominal group technique?

• A) It is the technique of making choices among alternative possible courses of action.
• B) It is the technique of structuring interaction among team members discussing ideas.
• C) It is the technique of building agreement on team goals and thus increasing cohesiveness.
• D) It is the technique of measuring the degree to which members are motivated to remain as a part of a team.
• E) It is the technique of measuring the effectiveness and efficiency of individual members of a team.

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Definitions:

Acid-Test Ratio

A financial metric used to determine a company's short-term liquidity by comparing its most liquid assets (excluding inventory) against its short-term liabilities.

Just-In-Time Inventory System

A supply chain management strategy aimed at reducing inventory costs by receiving goods only as they are needed in the production process.

Acid-Test

A liquidity ratio that measures a company's ability to pay off its current liabilities with quick assets without relying on the sale of inventory.

Current Ratio

A financial ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.