The Nurse Manager,using the Nominal Group Process,made a List of Ways

question 11

Multiple Choice

The nurse manager,using the nominal group process,made a list of ways to handle conflicts on the unit.The next step was to decide who should be involved in decision making and who would be responsible for implementing that decision.This is known as:

• A)A round-robin session
• B)A negotiating session
• C)Decision charting
• D)Implementation charting

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Definitions:

Internal Rate of Return Method

A financial metric used to evaluate the profitability of potential investments, calculating the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Average Annual Income

The average amount of money earned per year over a specified period, often used to assess financial stability.

Accounting Rate of Return

A financial metric used to assess the profitability of an investment, calculated by dividing the average annual accounting profit by the initial investment cost.

Cash Payback Method

An investment appraisal technique that calculates the time needed to recoup the cost of an investment through cash flows.