Which of the Following Requires Hiring Professionals to Create Initial

question 112

Multiple Choice

Which of the following requires hiring professionals to create initial forecasts, submit them to the company for averaging, and then use those results to make individual refined forecasts?

• A)Expert forecasting survey
• B)Customer forecasting survey
• C)Sales force forecasting survey
• D)Delphi technique
• E)Professional judgment

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Definitions:

Bargain Hard

Bargain hard refers to the act of negotiating with determination and strategy to achieve the most advantageous terms possible in a deal or transaction.

Sequential Game

A type of game theory scenario where players make decisions one after another rather than simultaneously.

Shopkeeper

A shopkeeper is an individual who owns or operates a retail store, managing the buying, selling, and inventory of goods.

High Price

The condition of an item or service being sold at a rate significantly above average or expected market value.