A Group of International Experts Published a Set of Principles

question 40

Multiple Choice

A group of international experts published a set of principles of forecasting that includes all of the following except

• A)Use quantitative rather than qualitative methods.
• B)Combine forecasts from approaches that are similar.
• C)Ask experts to justify their forecasts in writing.
• D)Use multiple measures of forecast accuracy.

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Definitions:

Fear And Self-doubt

Emotional states that hinder an individual's confidence and ability to perform tasks or make decisions.

Channel Sales Representative

A professional responsible for managing relationships and sales through specific distribution channels.

Distribution Intermediaries

Entities that facilitate the movement of products from the producer to the consumer, such as wholesalers and retailers.

B₂B Sales

Business-to-Business sales involve transactions between businesses, such as between a manufacturer and a wholesaler, or a wholesaler and a retailer.