The Delphi method of forecasting is preferred to the executive opinion method if an important consideration is eliminating any one person's dominant opinion.

Question

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The Delphi method removes the influence of any one person's opinion by collecting and summarizing anonymous input from a group of experts. In contrast, the executive opinion method relies on the perspectives of key individuals or executives within an organization, which may be subject to personal biases or agendas. Therefore, if the goal is to minimize the impact of any one person's opinion, the Delphi method is the preferred approach.

The Delphi Method of Forecasting Is Preferred to the Executive