The Delphi method is best used when forecasting ________.
A) customer demand
B) technological change
C) correlations between events
D) future economic conditions

Question

Quizplus · Accepted Answer

The Delphi method is a structured process for gathering and analyzing opinions from a group of experts to make informed forecasts. It is particularly useful for making predictions about future technological changes in a given industry or field. The method can help identify emerging trends and potential disruptions that may impact the industry or organization in the future. While it may also be used to forecast other variables, such as customer demand or future economic conditions, it is most commonly associated with predicting technological change.

The Delphi Method Is Best Used When Forecasting ________