When a Company Has Its Sales Forecasts Prepared by Management

question 73

Multiple Choice

When a company has its sales forecasts prepared by management consultants, economists, or college professors, it is using a(n)

• A) expert forecasting survey.
• B) Delphi technique.
• C) random factor analysis.
• D) external judgment survey.
• E) market test.

---

Definitions:

Organismic Model

A perspective in psychology and biology that views living organisms as integrated entities responding adaptively to their environment.

Human Development

The comprehensive process of human growth and change, from infancy through adulthood, encompassing physical, cognitive, and socio-emotional development.

Developmental Issue

Problems or challenges that interfere with the normal progress of development in areas such as physical, emotional, or cognitive growth.

Theoretical Perspectives

Distinctive and systematic ways of thinking about phenomena, often used in academic disciplines to guide research and understanding.