Scenario Planning and the Delphi Technique Are Quantitative Forecasting Techniques

question 41

True/False

Scenario planning and the Delphi technique are quantitative forecasting techniques.

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Definitions:

Emulate

To mimic or imitate with the intent of matching or surpassing the original.

Believe In

To have confidence or faith in the truth, existence, or reliability of something, often without absolute proof.

Informal Power Base

Influence and authority gained through personal connections, charisma, or knowledge, rather than through formal position or role.

Formal Power

The authority granted to individuals or entities through positions held in an organization, allowing them to influence others officially.