Which Forecasting Technique Has Shortcomings That Include Subjectivity and the Potential

question 3

Multiple Choice

Which forecasting technique has shortcomings that include subjectivity and the potential for group pressure to lead to less accurate assessments than could be obtained through other means?

• A)a formal expert forecast
• B)an informal expert forecast
• C)managerial judgment
• D)the Delphi technique
• E)the nominal group technique

---

Definitions:

Job Conditions

The working environment and all surrounding factors impacting an employee’s performance, safety, and comfort at the job.

Health

A state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.

Finances

The management of money and other assets, including budgeting, saving, investing, and spending.

Cohabitation Rates

The statistical measure or frequency of couples living together without being legally married.