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A Qualitative Forecasting Technique in Which Individuals Familiar with Specific

question 23

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A qualitative forecasting technique in which individuals familiar with specific market segments estimate the demand within these sectors that are then summed to get an overall forecast is called a:


Definitions:

Resource Suppliers

Entities or individuals that provide the essential inputs required for the production of goods or services.

Allocation Of Resources

Allocation of resources refers to the process of distributing available resources among various competing needs and uses in an economy to maximize efficiency and welfare.

Public Interest

The welfare or well-being of the general public, often used as a guideline for determining policy related to law, governance, and community health.

Central Planners

Individuals or groups responsible for coordinating economic activities and decisions in a centrally planned economy.

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