Which forecasting method requires HIGHER financial resources?
A) Naive extrapolation
B) Moving average
C) Market survey
D) Exponential smoothing
E) Extrapolation

Question

Quizplus · Accepted Answer

Market survey methods typically require higher financial resources because they involve collecting primary data directly from potential customers through surveys, interviews, or focus groups, which can be costly and time-consuming.

Which Forecasting Method Requires HIGHER Financial Resources