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Norma-Jean [14]
3 years ago
15

An advantage of using the nominal group technique of group decision making is thata) People can participate as they wishb) Peopl

e are strongly encouraged to participatec) It encourages participation from everyoned) Everyone gets an equal say in a matter
Business
1 answer:
Katen [24]3 years ago
8 0

Answer:

Letter c is correct. <u>It encourages participation from everyone.</u>

Explanation:

People are encouraged to participate in a nominal group technique because it is comprehensive to all participants.

This technique consists of creating group dynamics where each member can express their opinion about what is being proposed by voting, independently and silently, which consequently encourages the breakdown of shyness and reduces the pressure on the participant. This technique has positive effects by balancing the participation of all people and by motivating the group's sense of belonging and effectiveness.

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Inflation is the economic condition in which the interest rate keeps increasing which is beneficial for the lenders. But not a fixed rate lender.

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Interest rate is the prevailing market rate which the lender of the money gets in return for the money provided as a loan.

If there is a fixed interest contract the lender will get the same percentage of return for the duration of contract, no matter the fluctuation of the interest rate in the market. This is not beneficial when the economy is facing inflation. As whatever be the rate in the market (definitely higher) the lender will get the same percentage of return.

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8 0
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B

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Jim drops his car off at ABC Garage to have his exhaust system repaired and takes the train to work. When he returns, he finds t
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