Examlex
The city council of a small town needs to determine if the townʹs residents will support the building of a newlibrary. The council decides to conduct a survey of a sample of the townʹs residents. Which one of the followingprocedures would be most appropriate for obtaining a sample of the townʹs residents?
Qualitative Forecasting
A forecasting method that uses expert opinions and other non-quantifiable information to predict future events.
Expert Opinion
Advice or evaluation from someone recognized as an authority in a specific field, often used as a credible source of information.
Future
An undefined time period that has yet to occur, encompassing all events and possibilities that are to come.
Contingency Planning
The process of preparing strategies to deal with unexpected situations that may disrupt operations or cause harm to the organization.
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