In a decision$-$making process, what is the primary distinction between majority vote and consensus?

Group of answer choices

Majority vote is a slower decision$-$making method, while consensus is more efficient.

Consensus relies on formal voting procedures, while majority vote relies on open discussion.

In a majority vote, a decision is reached when more than $50\%$ of the participants agree, while consensus requires unanimous agreement.

Majority vote is best suited for smaller groups, while consensus is more suitable for larger groups.