The Concept of ________ Is Based on the Notion That

question 38

Multiple Choice

The concept of ________ is based on the notion that distributed groups of people with a divergent range of information and expertise will be able to outperform the capabilities of individual experts.

• A) cognitive dissonance
• B) creative commons
• C) collective intelligence
• D) consensus democracy
• E) preference elicitation

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Definitions:

Local Firm

A business establishment that operates in a specific geographical area and typically serves the needs of a local community.

APEC

The Asia-Pacific Economic Cooperation, a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region.

European Countries

Nations located on the European continent, each with its distinct culture, history, and political system.

European Union

A political and economic alliance of European countries.