In Which of the Following Situations Is the Use of Qualitative

question 61

Multiple Choice

In which of the following situations is the use of qualitative forecasts most appropriate?

• A) A marketing manager has to forecast monthly sales for the coming financial year based on the past monthly sales figures.
• B) A TV network executive has to forecast viewership figures for a daily talk show based on historical data from the past on a similar show on a rival network.
• C) An economist has to forecast credit flow resulting from a newly introduced stimulus package by the federal government.
• D) A country's annual rate of growth for the upcoming year has to be estimated based on the annual GDP data from the last 20 years.

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Definitions:

Confidential

Information or material meant to be kept secret or private between the parties involved, often protected by law or agreement.

Continuity Of Care

Coordination of services provided to individuals before, during, and after entry into a health care facility.

Working Phase

The period in therapy or counseling characterized by active efforts and interventions aimed at solving the client's problems.

Respect

A feeling of deep admiration for someone or something elicited by their abilities, qualities, or achievements.