Which of the following is a qualitative forecasting technique that seeks opinions from experts outside the firm,like university researchers and scientists,rather than relying completely on company executives?

Question

Quizplus · Accepted Answer

The Delphi technique is a qualitative forecasting technique that involves seeking opinions from experts outside the firm, such as university researchers and scientists. It is a structured process that seeks to arrive at a consensus forecast through a series of rounds of feedback and revision among the experts. The other options, including jury of executive opinion, exponential smoothing, and sales force composite technique, do not necessarily involve outside experts or rely on qualitative inputs.

Which of the Following Is a Qualitative Forecasting Technique That