Which of the Following Forecasting Methods Uses Top Experts in the Field

question 110

Multiple Choice

Which of the following forecasting methods uses top experts in the field?

• A) executive opinions
• B) the Delphi method
• C) sales force composites
• D) quantitative analysts

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Definitions:

Conservation

Conservation is a principle in cognitive development, identified by Jean Piaget, referring to a child's ability to recognize that certain properties of objects, like volume and number, can remain the same despite changes in the form or arrangement of those objects.

Egocentrism

A cognitive characteristic where an individual has difficulty understanding or considering perspectives other than their own.

Piaget

Swiss psychologist known for his pioneering work in child development and his theory of cognitive development.

Psychosocial Development

Psychosocial Development is a theory proposed by Erik Erikson, which postulates that individuals undergo eight stages of development, each characterized by a specific psychological challenge or crisis.