Translating the preferences of each individual into the preferences of the group is _____.
A)a challenge faced only by clubs
B)a challenge faced by all collective decision making organizations
C)inherent in all decision making
D)a challenge faced only by government

Question

Quizplus · Accepted Answer

Translating individual preferences into group preferences is a challenge faced by all collective decision making organizations, whether they are clubs, corporations, or governments. It is inherent in the process of decision making, as each individual has their own set of preferences and priorities. Therefore, it is essential to find ways to reconcile and aggregate these preferences to arrive at a decision that is acceptable to the group as a whole.

Translating the Preferences of Each Individual into the Preferences of the Group