Asked by Keyonnie Morton on Sep 26, 2024
Verified
Which of these best sums up informed judgment forecasts?
A) Very costly
B) As reliable as any other technique
C) Generally unreliable
D) Fast and inexpensive
E) The most accurate
Informed Judgment Forecasts
Predictions about future events, trends, or behaviors made by experts using their knowledge and experience.
Generally Unreliable
Characterizes information or sources that often fail to provide accurate or dependable results or outcomes.
Fast And Inexpensive
Describes a process, solution, or service that requires minimal time and financial investment to accomplish or acquire.
- Comprehend the idea and classifications of forecasts utilized in the strategy formulation for businesses.
Verified Answer
Learning Objectives
- Comprehend the idea and classifications of forecasts utilized in the strategy formulation for businesses.
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