Quantitative Forecasting Techniques That Are Based on Assuming That the Future

question 12

Multiple Choice

Quantitative forecasting techniques that are based on assuming that the future can be predicted by the past are referred to as?

• A) Associative forecasts
• B) Time series forecasts
• C) Qualitative forecasts
• D) Delphi method

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Definitions:

Ingratiation

A psychological technique aimed at making oneself more likable to others, typically through flattery or other forms of manipulation.

Socially Aware

Having an understanding and sensitivity towards societal, cultural, and community issues and dynamics.

Disclaimer

A verbal assertion intended to ward off any negative implications of impending actions by defining these actions as irrelevant to one’s established social identity. By using disclaimers, a person suggests that although the impending acts may ordinarily imply a negative identity, his or hers is an extraordinary case.

Norm of Reciprocity

A social norm that expects individuals to return favors or kindnesses that have been extended to them.