The president, vice-president, and directors of marketing, finance, and research and development meet to discuss sales for the next fiscal year. All of the people present contribute to the discussion although they are somewhat inhibited by the strong personality of the finance director. Together they finalize the sales projections for the following year. This is an example of a __________forecast.
A)survey of experts
B)surveys of knowledgeable groups
C)judgments of individuals
D)Delphi

Question

Quizplus · Accepted Answer

This scenario describes a group of knowledgeable individuals (the president, vice-president, and directors of various departments) coming together to discuss and finalize sales projections, which aligns with the concept of surveys of knowledgeable groups.

The President, Vice-President, and Directors of Marketing, Finance, and Research