ECONOMICS

Detailed explanation-1: -What is multivoting? Multivoting allows a team to quickly come to a consensus on the relative importance of issues, problems, or solutions by accounting for individual importance rankings in a team’s final priorities. This technique: Builds commitment to the team’s choice through equal participation in the process.

Detailed explanation-2: -Decision-making tools help organizations identify all the activities that must take place for a decision to be made and executed well. Using these tools, organizations determine and define the roles that individuals will play in decisions of different types.