A Qualitative Forecasting Technique That Relies on Group Convergence of Forecasts

question 110

Multiple Choice

A qualitative forecasting technique that relies on group convergence of forecasts is referred to as?

• A) Consumer surveys
• B) Delphi method
• C) Jury of executive opinion
• D) Sale force estimates

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Definitions:

Weight (Ounces)

A measurement of mass using the imperial unit of ounces, commonly used in the United States to measure smaller weights.

Weight (Grams)

A measurement of mass in the metric system, often used to quantify the heaviness of small objects.

Total Sales

The collective amount of revenue generated from goods or services sold by a company within a specific period.

Profits

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes.