Decision by __________ Occurs When One Idea After Another Is

question 131

Multiple Choice

Decision by __________ occurs when one idea after another is suggested without discussing them and the team finally accepts an idea without any critical evaluation.

• A) majority rule
• B) lack of response
• C) authority rule
• D) consensus
• E) minority rule

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Definitions:

Net Income

The total earnings of a company after subtracting all expenses from revenue, also known as the bottom line.

Constant Percentage

A fixed proportion or rate that is applied to a specific calculation, such as in investment strategies or financial formulas.

Tax Rate

The percentage at which an individual or corporation is taxed, often varying based on income or profit levels.

Cash Dividends

Dividends paid in the form of cash to shareholders, typically out of the company's current or retained earnings.