BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It should involve only one or two ideas.
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It should always be conducted formally.
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It varies from group to group.
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It works best with only two people.
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Detailed explanation-1: -Consensus building is a process involving a good-faith effort to meet the interests of all stakeholders and seek a unanimous agreement. A consensus building approach allows groups to reach an overwhelming agreement among relevant stakeholders and maximize possible gains to everyone.
Detailed explanation-2: -A consensus based decision-making process is an effort in which affected parties (stakeholders) seek to reach agreement on a course of action to address an issue or set of related issues. In a consensus process, the stakeholders work together to find a mutually acceptable solution.
Detailed explanation-3: -Building Consensus Consensus means coming to an agreement. Creating consensus in a team setting means finding a proposal acceptable enough that all team members can support it, with no member opposing it.
Detailed explanation-4: -An effective consensus process (consensus-building) is inclusive and engages all participants. Consensus decisions can lead to better quality outcomes that empower the group or community to move forward to create their future together.