Qualitative techniques for forecasting ( Assessment task )Instructions Analyze why forecasts are needed in companies. Explains when
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Qualitative techniques for forecasting (Assessment task)Instructions
- Analyze why forecasts are needed in companies.
- Explains when qualitative techniques should be used to forecast results.
- Defines and provides an example of each of the following)
- Executive opinion
- Sales force estimates
- Delphi Method
- Market Research
- Conclusion
- Are qualitative forecasts better predictors of outcomes than quantitative methods? Why yes or why not? Justify your answer.
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