Which of the Following Is NOT a Qualitative Method of Forecasting

question 64

Multiple Choice

Which of the following is NOT a qualitative method of forecasting?

• A)Delphi Method
• B)Trend Analysis
• C)Jury of Executive Opinion
• D)Sales Force Composition
• E)Consumer Market Survey

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Definitions:

Intuition

Intuition is the ability to understand or know something immediately, based on feelings rather than conscious reasoning or factual evidence.

Gut-Level

A response or reaction based on instinctive emotional feelings rather than considered thought.

Employment Decisions

The process of making choices related to hiring, retaining, promoting, and terminating employees within an organization, based on factors like skills, performance, and organizational needs.

Hindsight Bias

The predisposition to claim that, had one known, the result of an event could have been foreseen or expected.