The Drawbacks of Which Forecasting Technique Include the Fact That

question 29

Multiple Choice

The drawbacks of which forecasting technique include the fact that judgments may not efficiently use objective data?

• A)a formal expert forecast
• B)the Delphi technique
• C)the nominal group technique
• D)an informal expert forecast
• E)managerial judgment

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Definitions:

Psychological Dependence

A condition characterized by a perceived need to continue using a substance due to emotional or psychological reliance, despite potential harm.

Medications

substances used in the treatment, diagnosis, or prevention of diseases and for relieving pain or affecting the structure of any part of the body.

Attention Narrowing

The phenomenon where focus is restricted to a limited range of stimuli or tasks, ignoring peripheral information.

Stimulants

Drugs that have activating or excitatory effects on brain or bodily functions.