_____ Is a Critical Analysis of Two Preferred Alternatives in Order

question 5

Multiple Choice

_____ is a critical analysis of two preferred alternatives in order to find an even better alternative for the organization to adopt.

• A)Groupthink
• B)Devil's advocacy
• C)Skunkworks
• D)Dialectical inquiry
• E)Classical decision method

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Definitions:

Cost-Benefit Analysis

A systematic approach to estimate the strengths and weaknesses of alternatives, assessing the value of costs and benefits to support decision-making.

Paired-Choice Majority Votes

A voting method in which voters choose between pairs of candidates or options, with the majority preference deciding the outcome.

Paradox of Voting

The situation where individual rationality does not lead to collective rationality, suggesting that the cost of voting outweighs the apparent benefits.

Median-Voter Model

A theoretical model suggesting that the outcome of majority rule voting systems will reflect the preferences of the median voter.