Which Forecasting Method Suffers from the Possibility of Having One

question 120

Multiple Choice

Which forecasting method suffers from the possibility of having one person's opinion dominate the forecast?

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

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Definitions:

Psychological Approach

A perspective or method in psychology that emphasizes understanding human behavior and mental processes.

Positive

Characterized by the presence rather than the absence of distinguishing features, or constructive, optimistic, or confident in nature.

Social Psychologist

A specialist who studies how individuals' thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Personality

The combination of characteristics or qualities that form an individual's distinctive character and behavioral patterns.