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The Nominal Group Technique Has Two Phases: an Idea-Generation Phase

question 31

True/False

The Nominal Group Technique has two phases: an idea-generation phase and an evaluation/voting phase.


Definitions:

Free Trade

The unobstructed trade between countries, without tariffs, quotas, or other restrictions.

Gray Market

The trade of legal goods through unauthorized distribution channels, which, while not illegal, is unofficial and may not be supported by the original manufacturer.

Unauthorized Vendors

Sellers who offer goods or services without the official permission or approval from the rightful owners or governing bodies.

Retail Price

The final price at which a product is sold to consumers, typically including markup from wholesale cost.

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