Which of the Following Statements Is TRUE About Group Decision

question 107

Multiple Choice

Which of the following statements is TRUE about group decision making?

• A)It generates more complete information and knowledge.
• B)It takes lesser time to reach a solution than it would an individual.
• C)It prevents any one minority from dominating or influencing the final decision.
• D)It is most suitable for matters that need to be critically evaluated.

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Definitions:

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization.

Performance Perspectives

Performance categories for assessment on the balanced scorecard, traditionally made up of financial, internal processes, learning and growth, and customer perspectives.

Supply Chain

The entire network of entities, directly or indirectly interlinked and interdependent in serving the same consumer or customer, involved in the supply of a product or service.

Multifunctional Team

A team composed of members from different functional areas of an organization working towards a common goal.