Question
The _______ is a process used to arrive at a group
opinion or decision by surveying a panel of experts.Solution
The Delphi technique is a process used to arrive at a group opinion or decision by surveying a panel of experts . It 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.
The first unit-linked insurance plan (ULIP) was launched by which of these countries?
Which is liability coverage for contents within a renter’s residence?
How many part-time members is appointed by the Government of India in the Composition of IRDAI?
Losses other than property damage that occur as a result of physical loss to a business for example, the cost of maintaining key employees to help reorg...
In case of a motor accident, the first step to be taken by the insured is to:
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?Â
The Life Insurance Companies Act was passed in which year?
Written words in a policy take precedence over:
SWIFT provides a network that enables financial institutions worldwide to send and receiveinformation about financial transactions securely. It is head...
When a single insurance company offers both life and non- life insurance policies then what does it known as?