Which of the Following Forecasting Methods Uses Executive Judgment as Its

question 35

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)Grass roots
• E)Focus forecasting

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Definitions:

Voluntary Cooperation

A process where individuals or groups willingly work together towards a common goal or interest without coercion.

Kellogg Briand Pact

An international agreement signed in 1928 that aimed to prevent war by making it illegal as a policy tool among signing nations.

International Community

A collective term for all countries and their governments, often used in the context of global politics and diplomacy.

Future Wars

Hypothetical or proposed conflicts that might occur in the future, considering current geopolitical tensions, technological advancements, and strategic interests.