DuringPhase 1(Idea Generation)ofNominalGroup Technique

question 78

Multiple Choice

DuringPhase 1(Idea Generation) ofNominalGroup Technique,

• A)members explain their support or nonsupport for each item.
• B)members,in turn,present one idea from their privately written list.
• C)members discuss the merits of each idea before voting occurs.
• D)members vote by ranking or rating ideas privately and in writing.
• E)the group decision is the mathematically pooled outcome of members' individualvotes.

---

Definitions:

Residual Income

Income that continues to be generated after the initial effort has been expended, often used in the context of investments or intellectual property.

Minimum Required Rate of Return

The lowest acceptable return on an investment, determined by an investor's risk tolerance and other factors, used as a benchmark for evaluating potential investments.

Operating Assets

Cash, accounts receivable, inventory, plant and equipment, and all other assets held for operating purposes.

Margin

The difference between the selling price of a product or service and its production or acquisition cost, often expressed as a percentage.