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Which of the following techniques of decision making involves a process for arriving at an evaluation of decisions, in which selected individuals are asked to respond individually to key questions about a problem, then are provided with a summary of the responses, all members have given and invited to respond again?
- a)Bounded rationality
- b)Nominal group technique
- c)Delphi technique
- d)Brainstorming
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
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Which of the following techniques of decision making involves a proce...
The correct answer is Delphi technique.
Key Points:
- The Delphi technique is an approach to generating new ideas or problem solving amongst a group or team.
- Each member or interested party submits his or her recommendations or views on the issue under review to a central contact point.
- All ideas generated in this way are then circulated to all those participants in the process, who then have the opportunity to submit comments on them.
- This process is repeated until a consensus emerges. Although time consuming, it can be an effective approach to the management of change.
- Delphi method was developed way back in 1950s by Olaf Helmer and Norman Dalker at the RAND Corporation to forecast the impact of technology on warfare.
- It was incorporated to reduce the range of responses and arrive at a consensus.
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Which of the following techniques of decision making involves a proce...
Delphi technique is a decision-making technique that involves a process for arriving at an evaluation of decisions by soliciting the opinions and judgments of a group of experts. It is commonly used in situations where there is a lack of consensus or uncertainty about a problem or issue. The technique aims to reach a group decision by integrating the opinions of the participants.
The Delphi technique involves the following steps:
1. Selection of participants: A group of experts or individuals with knowledge and expertise relevant to the problem at hand are selected to participate in the Delphi process. These participants can be from diverse backgrounds and may include academics, practitioners, or other stakeholders.
2. Individual responses: The participants are asked to respond individually to a series of questions related to the problem. These questions are typically designed to gather opinions, insights, and judgments about the problem and potential solutions. The responses are usually collected anonymously to encourage honest and unbiased input.
3. Summary of responses: After collecting the individual responses, a summary is prepared that presents the key points and arguments made by the participants. This summary is then shared with all the participants, allowing them to review and reflect on the opinions and perspectives of others.
4. Second round of responses: The participants are invited to respond again to the same set of questions, taking into account the summary of responses provided. This second round of responses allows the participants to reconsider their initial judgments and potentially revise or refine their opinions based on the input from others.
5. Iterative process: The Delphi technique typically involves multiple rounds of individual responses and summary feedback. The process continues until a consensus or convergence of opinions is reached among the participants. The number of rounds may vary depending on the complexity of the problem and the level of agreement achieved.
The Delphi technique is often used to address complex and uncertain problems where there is a need to gather diverse perspectives and opinions. By providing a structured process for gathering and integrating expert opinions, the technique helps to mitigate biases and individual influences, leading to a more objective and informed decision-making process.
The Delphi technique involves the following steps:
1. Selection of participants: A group of experts or individuals with knowledge and expertise relevant to the problem at hand are selected to participate in the Delphi process. These participants can be from diverse backgrounds and may include academics, practitioners, or other stakeholders.
2. Individual responses: The participants are asked to respond individually to a series of questions related to the problem. These questions are typically designed to gather opinions, insights, and judgments about the problem and potential solutions. The responses are usually collected anonymously to encourage honest and unbiased input.
3. Summary of responses: After collecting the individual responses, a summary is prepared that presents the key points and arguments made by the participants. This summary is then shared with all the participants, allowing them to review and reflect on the opinions and perspectives of others.
4. Second round of responses: The participants are invited to respond again to the same set of questions, taking into account the summary of responses provided. This second round of responses allows the participants to reconsider their initial judgments and potentially revise or refine their opinions based on the input from others.
5. Iterative process: The Delphi technique typically involves multiple rounds of individual responses and summary feedback. The process continues until a consensus or convergence of opinions is reached among the participants. The number of rounds may vary depending on the complexity of the problem and the level of agreement achieved.
The Delphi technique is often used to address complex and uncertain problems where there is a need to gather diverse perspectives and opinions. By providing a structured process for gathering and integrating expert opinions, the technique helps to mitigate biases and individual influences, leading to a more objective and informed decision-making process.
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Which of the following techniques of decision making involves a process for arriving at an evaluation of decisions, in which selected individuals are asked to respond individually to key questions about a problem, then are provided with a summary of the responses, all members have given and invited to respond again?a)Bounded rationalityb)Nominal group techniquec)Delphi techniqued)Brainstorminge)None of theseCorrect answer is option 'C'. Can you explain this answer?
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