The Drawbacks of Which Forecasting Technique Include the Fact That

question 44

Multiple Choice

The drawbacks of which forecasting technique include the fact that judgments may not efficiently use objective data?

• A) A formal expert forecast
• B) The Delphi technique
• C) The nominal group technique
• D) An informal expert forecast
• E) Managerial judgment

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Definitions:

Positive Nominations

A method used in social sciences to assess social acceptance or popularity, where individuals nominate peers they view positively.

Moral Judgments

Assessments or evaluations based on principles of right and wrong, often influenced by cultural, societal, and personal values.

Rules and Authority

Principles or guidelines enforced by individuals or organizations in positions of power or control.

Sociometric Status

A measure of an individual's social standing within a group, based on the extent to which they are liked, disliked, chosen as a friend, or rejected by their peers.