BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is a true statement about the consensus-building process:
A
It should involve only one or two ideas.
B
It should always be conducted formally.
C
It varies from group to group.
D
It works best with only two people.
Explanation: 

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.

There is 1 question to complete.