How Does the Delphi Method of Forecasting Differ from Media

question 6

Multiple Choice

How does the Delphi method of forecasting differ from media channel predictions?

• A) The Delphi method involves polling experts in order to reach a consensus, while media predictions may call upon recognized leaders in the field.
• B) The Delphi method uses analysis of past data to predict future events, while media predictions may use a time-series analysis of trends.
• C) The Delphi method relies on recognized leaders to make predictions based upon past experiences, while media predictions poll experts.
• D) The Delphi method provides a reference point to make predictions, while media predictions rely upon recognized leaders for data.

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Definitions:

Wagner Act

Also known as the National Labor Relations Act of 1935, it is a foundational statute of United States labor law which guarantees basic rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.

Right-To-Work Laws

State laws that prohibit labor-management agreements requiring union membership as a condition of getting or keeping a job.

Constructive Discharge

Discriminatory action whereby an employee is demoted to a job with less pay, authority, or poorer working conditions than the job that person previously held or is subjected to supervisory harassment.

Antitrust Laws

Antitrust laws are regulations enacted to promote fair competition by preventing monopolistic practices and ensuring market integrity.