When a Company Has Its Sales Forecasts Prepared by Management

question 73

Multiple Choice

When a company has its sales forecasts prepared by management consultants, economists, or college professors, it is using a(n)

• A) expert forecasting survey.
• B) Delphi technique.
• C) random factor analysis.
• D) external judgment survey.
• E) market test.

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Definitions:

Job Descriptive Index

A survey instrument that measures an employee's job satisfaction across five dimensions: the nature of the work, supervision, people, pay, and promotion opportunities.

Important Values

Definition: Core beliefs or standards that guide an individual's or organization's behavior and decision-making.

Job Descriptive Index

A validated psychological survey instrument used to measure an employee's job satisfaction in five dimensions: pay, promotions, coworkers, supervision, and the work itself.

Promotions

The advancement of an employee's rank or position in an organizational hierarchy system.