Which of the Following Forecasting Approach Is Appropriate for New

question 62

Multiple Choice

Which of the following forecasting approach is appropriate for new product launches?

• A)Greenfield forecasting
• B)String method
• C)Time series forecasting
• D)Linear regression

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Definitions:

Chronic Illness

Sickness that lasts for an extended period, usually longer than 6 months.

Bottom-Up Approach

A strategy that begins at the grassroots level or with specific details and works up towards broader, comprehensive solutions or understandings.

Multidisciplinary Teams

Groups composed of professionals from different specialties working together towards a common goal, often used in healthcare, research, or project management contexts.

Community Involvement

Participation by individuals or groups in activities and discussions aimed at improving the welfare and objectives of their community.