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Direct Democracy Is Not Feasible Due to the Number of People

question 63

True/False

Direct democracy is not feasible Due to the number of people participating in the system.

Appreciate the significance of multiple sources of evidence in decision making, including hard data and expert opinions.
Understand the difference between crowdsourcing to a general crowd versus experts.
Recognize various application areas of crowdsourcing in businesses and its comparative advantage to traditional methods.
Understand the basics and applications of monocular and binocular cues for depth perception.

Definitions:

Periodic Review

A systematic examination of a process, system, or organization at scheduled intervals to assess performance or compliance.

Inventory Status

A detailed report or overview of a company's current stock levels, including types of inventory, quantities on hand, and their respective conditions.

Specified Threshold

A predetermined level, limit, or point at which an action, process, or change occurs or is invoked.

Continuous Review

A system of inventory management where the stock levels are continuously monitored, and orders are placed as soon as the inventory drops below a predetermined level.

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