A "Logically Perfect" Group Decision Making Method Because All Team

question 112

Multiple Choice

A "logically perfect" group decision making method because all team members agree totally on a course of action is known as:

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

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Definitions:

Required Return

The minimum expected return on an investment needed by an investor, factoring in the risk associated with the investment.

Initial Cash Outflow

Initial cash outflow refers to the amount of money a business or investor must spend upfront to initiate a project, investment, or acquisition.

Cash Inflows

The total amount of money being transferred into a business, typically from operational, investment, and financing activities.

Profitability Index

A calculation used to determine the relative profitability of an investment, defined as the present value of future cash flows divided by the initial investment cost.