Which of the Following Forecasting Methods Uses Executive Judgment as Its

question 102

Multiple Choice

Which of the following forecasting methods uses executive judgment as its primary component for forecasting?

• A) Historical analogy
• B) Time series analysis
• C) Panel consensus
• D) Market research
• E) Linear regression

Analyze the role of demographics and changing patterns in the consumption of leisure.

Explain the sociological significance of leisure time in relation to work and other life domains.

Understand the historical transformation of leisure and recreation.

Evaluate the role of media in shaping leisure choices and experiences.

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Definitions:

Self-calming

Strategies or techniques employed by an individual to return to a state of emotional control or equilibrium on their own.

Relaxation

A state of being free from tension and anxiety.

Rewarding

Rewarding is providing a positive response to a behavior, action, or effort, encouraging its recurrence and reinforcing the behavior.

Cope

The ability to effectively deal with and manage one's feelings and reactions to problems or challenges.