Explain Four of the Various Ways Groups Can Make Decisions

question 82

Essay

Explain four of the various ways groups can make decisions.For each of your chosen methods,explain its advantages and disadvantages.

---

Definitions:

Surplus

The amount by which revenue exceeds expenses in financial accounting, or in terms of inventory, more than what is needed.

Mortgage Debt

A loan secured by property, typically real estate, where the borrower is obliged to make a predetermined series of payments.

Deed of Trust

A legal document where real property is held in trust by a third party as security for a loan until the debt is paid off.

Borrower

An individual, organization or company that receives funds from a lender under the condition of returning the borrowed amount plus interest.