In the Delphi Method of Judgmental Forecasting, _____

question 34

Multiple Choice

In the Delphi method of judgmental forecasting, _____.

• A) predictions are based on the assumption that the future will be an extrapolation of the past
• B) predictions are based on one or more independent variables, all of which are numerical
• C) people from outside an organization are not eligible to make predictions
• D) experts are not consulted as a group to make predictions

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Definitions:

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated as net profit divided by the cost of the investment.

Average Total Assets

A financial metric that represents the average value of all the assets owned by a company over a specific time period.

Operating Expenses

The costs associated with running a day-to-day business operation, excluding the cost of goods sold.

Residual Income

The income that remains after all personal debts and expenses have been paid, or in business, the net income after deducting cost of capital from operating profit.