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:

Telecommuting

A work arrangement in which employees do not commute to a central place of work but instead work remotely, often from home, using the internet and telecommunications technology.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources, involving the purchase, sale, and development of land, residential, and commercial properties.

Team-Based Projects

Collaborative efforts where a group of individuals work together towards a common goal, sharing responsibilities and combining skills.

Top-Level Positions

Executive or high-ranking roles within an organization, often with significant authority and responsibility.