The Forecasting Method in Which Individual Forecasts of Group Members

question 117

Multiple Choice

The forecasting method in which individual forecasts of group members are submitted anonymously and evaluated by the group as a whole is called:

• A) trend analysis.
• B) econometric models.
• C) Delphi technique.
• D) regression analysis.

---

Definitions:

Stability Strategy

A business approach where a company decides to maintain its current operations without any significant changes or growth, aiming for a steady state in the market.

Attrition

The process of reducing the size or strength of a workforce through normal means, such as retirement or resignation, rather than layoffs.

Training Programs

Structured educational efforts aimed at enhancing the skills, knowledge, and competencies of employees.

Management Position Description

A detailed document that outlines the duties, responsibilities, required qualifications, and reporting relationships of a managerial role within an organization.