Which of the Following Is NOT a Qualitative Approach to Forecasting

question 54

Multiple Choice

Which of the following is NOT a qualitative approach to forecasting?

• A) Market survey
• B) Life cycle analogy
• C) Informed judgment
• D) Box-Jenkins method

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Definitions:

Sweepstakes

Promotional drawings in which prizes are given away at no charge to the participants, often used as a marketing tactic.

Contest

A competitive event or situation where participants try to win by doing something better than others.

Advertising Plan

A strategic document outlining the objectives, target audience, messaging, and channels for a specific advertising campaign, designed to achieve marketing goals.

Cause-Related Marketing

A marketing strategy where a company and a nonprofit organization form a partnership to promote a social or environmental cause.