Which of the Following Is Not a Criticism Made of Qualitative

question 3

Multiple Choice

Which of the following is not a criticism made of qualitative forecasts?

• A) They become the only possible ones when past data are either not available or are misleading.
• B) They are prone to biases such as optimism and overconfidence.
• C) They do not present any explanation of the mechanism generating the values of a variable of interest,and simply provide a method for projecting historical data.
• D) They provide no guidance on the likely effects of changes in explanatory variables.

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Definitions:

Number of People

The total count or population of individuals within a specified area or group.

HRM Effectiveness

HRM Effectiveness refers to the extent to which the Human Resource Management practices contribute to achieving the strategic objectives of the organization, including improving employee performance, satisfaction, and retention.

Employee Attitudes

The feelings and perspectives that employees have about their work, role, colleagues, and organization, which can influence their behavior and performance.

Initiative

The ability to assess and initiate things independently, often used to describe proactive efforts in workplace or project settings.