Which of the Following Is Not a Characteristic of Naive

question 93

Multiple Choice

Which of the following is not a characteristic of Naive forecasting methods

• A)are quick and easy to prepare.
• B)are easy for users to understand.
• C)can serve as an accuracy standard for other techniques.
• D)able to quickly identify changes in demand.
• E)have virtually no cost.

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Definitions:

Modern Society

A societal phase marked by advanced technology, industrialization, rationality, and complex social structures, differentiating it from earlier societies.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, celebrated for enriching the social fabric.

Western Mass Media

Media outlets originating in the Western world, including television, radio, newspapers, and the internet, that can influence public opinion and cultural norms.

Globalization

The method through which individuals, businesses, and governments across the globe communicate and merge.