Generally Describe Methods That Utilize Qualitative Data for Forecasting,and Give

question 20

Essay

Generally describe methods that utilize qualitative data for forecasting,and give three examples of qualitative techniques.

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Definitions:

To-Do List

A list of tasks that need to be completed, typically organized in order of priority.

Creative Appraisal Systems

Evaluation methods designed to assess employee performance in innovative ways, focusing on creativity, flexibility, and adaptability.

Traditional Appraisal Systems

Systems used by organizations to evaluate employee performance on a regular basis, often emphasizing past performance over future growth potential.

Morale

The confidence, enthusiasm, and discipline of a person or group at a particular time.