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Studies Have Shown That Nominal Group Technique Is Especially Effective

question 131

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Studies have shown that nominal group technique is especially effective for brainstorming sessions to ensure all participants have an equal voice in the sessions and when a problem stems from several widely diverse causes.


Definitions:

Trade

Trade is the action of buying, selling, or exchanging goods and services between people, companies, or countries.

Competition

The rivalry among sellers trying to achieve goals such as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, promotion, and place.

Bulgaria

A country located in Southeast Europe known for its rich history, cultural heritage, and geographical diversity.

Invisible Hand

A term used by Adam Smith to describe the self-regulating nature of the marketplace.

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