________ describes the concept that a large group of people is better at making good decisions than a single person.

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The wisdom of crowds is the concept that a large and diverse group of people is collectively smarter and more effective at problem-solving and decision-making than any single individual. This idea has been popularized by James Surowiecki's book "The Wisdom of Crowds." Outsourcing refers to the practice of hiring third-party companies or individuals to perform tasks or services that would otherwise be done in-house. Crowdsourcing is a method of obtaining ideas or services from a large, undefined group of people, often through the internet. Social graphing refers to analyzing patterns in social networks.

________ Describes the Concept That a Large Group of People