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Which of the five prerequisites for group decision making and problem solving is highlighted in the following research finding: A group's ability to gather and retain a wide range of information is the single most important determinant of high-quality decision making?
Public Ownership
Ownership of assets by the government or state, usually in sectors considered critical for public welfare.
Barriers To Entry
Barriers to entry are obstacles that make it difficult for new competitors to enter a market, including high startup costs, strict regulations, and established brand dominance.
Monopoly Markets
Markets dominated by a single seller, leading to less competition and higher prices for consumers.
Government Intervention
Actions taken by a government to affect the economy, which can include regulations, subsidies, tariffs, and fiscal or monetary policies.
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