Final answer:
The Delphi technique is a decision-making method where a panel of experts exchanges opinions until an agreement is reached. It is commonly used to derive the best course of action by reducing bias and individual influence.
Step-by-step explanation:
The Delphi technique is a decision-making method in which a panel of experts responds to questions and to each other until an agreement is reached on how a specific issue should be handled. It is often used in situations where expert opinions are sought to find the best course of action. The process typically involves multiple rounds of surveys or questionnaires, where experts provide their input and review the opinions of others anonymously. The Delphi technique helps to reduce bias and individual influence, leading to a more objective and consensus-based decision-making process.