The Drawbacks of Which Forecasting Technique Include the Fact That

question 29

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:

Rorschach

A psychological test in which subjects' perceptions of inkblots are analyzed to examine personality characteristics and emotional functioning.

Thematic Apperception Test

A psychological assessment tool where respondents reveal their underlying motives, concerns, and the way they see the social world through the stories they make up about ambiguous pictures of people.

Projective Tests

A type of personality assessment that involves the presentation of ambiguous stimuli to subjects, who then project their own perceptions, emotions, and thoughts onto the stimuli.

External Locus

A psychological concept referring to individuals who believe that external forces or events significantly influence their life outcomes.