What Percentage of Sales Forecasts Are Made by the Personal

question 82

Multiple Choice

What percentage of sales forecasts are made by the personal judgment of the individual decision maker who must act on the results of the forecast?

• A)10%
• B)18%
• C)33%
• D)76%
• E)99%

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Definitions:

Group Decision

The process through which two or more individuals come to a conclusion or resolve an issue collaboratively.

Crowdsourcing

A method of obtaining ideas, services, or content by soliciting contributions from a large group of people, typically from an online community.

Group Biases

The tendency for people to have prejudiced views and differential treatments towards others based on their group membership.

Face-To-Face Groups

Social gatherings or meetings where members interact directly with each other in the same physical space, promoting more personal communication and connection.