Explain Panel Consensus?
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Explain Panel Consensus?
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- Which area was NOT mentioned as having ripple effects from subtle, intentional shifts?Question 13 options: Healthcare Entrepreneurship Settings where small groups have large decision-making authority Venture capitalWhat are the disadvantages of group decision making?What five factors determine the strength ofreference group influence in a situation?
- What are advantages and disadvantages of group decision-making?Describe two ways in which group think error may be counteracted by a group member.CASE In his research entitled Factors Influencing the Purchase Decision of Smartphone Users in Sultanate of Oman (Renjith,2020), cited that the Sultanate of Oman is a very vibrant mobile market with over 177% penetration on mobile usage. There are active regulation and enforcement of the market regulations, and high levels of supervision of mobile and internet operators. Almost 92% owned a smartphone and there is a widespread use of the latest smartphone handsets, and almost 82% of the respondents indicated they had intermediate-level skills with mobile technologies (www.tra.gov.om, 2011). He also pointed out that Oman is the fastest-growing market for smartphones in the GCC region with 65 percent of users switching to these devices, according to Ashraf Fawakherji, Vice-President, Middle East, for Huawei (Gulf News, 2013). All of this information is a result of extensive market research. Considering the details mentioned in the case; Discuss the importance of market research. Discuss…