Which Forecasting Method Is Particularly Good for Determining Customer Preferences

question 43

Multiple Choice

Which forecasting method is particularly good for determining customer preferences?

• A) Market research
• B) Executive opinion
• C) Delphi method
• D) Naïve method
• E) Gamma method

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Definitions:

Endocrine Gland

A gland that secretes hormones directly into the blood rather than through a duct, affecting various bodily functions.

Parathyroid

Small endocrine glands in the neck that produce parathyroid hormone, regulating calcium levels in the blood and bone metabolism.

Calcium Levels

Calcium levels refer to the concentration of calcium ions in a particular system, crucial for various biological processes including bone formation, muscle function, and blood clotting.

Endocrine Gland

Glands that secrete hormones directly into the bloodstream, playing a key role in regulating various bodily processes.