Question: Executive judgment ( opinion ) methods produce accurate forecasts when _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

Executive judgment (opinion) methods produce accurate forecasts when ________________________________________________.
a.
the linkage between decision, action, and feedback is short.
b.
forecasts are made infrequently.
c.
the environment is volatile.
d.
the executives are closely tied to the politicians.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

During a teleconference meeting with the entire sales staff of a national corporation, the chief executive officer (CEO) reminds the staff of their primary goal and responsibilities. What is their...

Q:

Chapter 05 - Planning for and Recruiting Human Resources Chapter Five: Planning for and Recruiting Human Resources Human Resource Management 3rd edition by R.A. Noe, J.R. Hollenbeck, B. Gerhart, and...

Q:

A fairly simple miniscribe activity is attached, I just do not have the time to complete it. Thank you for your help. Miniscribe 1. \"COOKING THE BOOKS: HOW PRESSURE TO RAISE SALES LED MINISCRIBE TO...

Q:

Would you be able to put together another monthly cash flow analysis, this time for year 1? INCOME STATEMENT Year 1 269,115.00 48,930.00 20,388.00 338,433.00 $ $ $ $ COGS $ 113,940.00 $ 125,940.00 $...

Q:

Market Demand Forecast Method Selection and Application: A Case Study in Hero MotoCorp Ltd. D K Choudhury Abstract: In this dynamic era, the market is very competitive and the demand for a product...

Q:

Market Demand Forecast Method Selection and Application: A Case Study in Hero MotoCorp Ltd. D K Choudhury Abstract: In this dynamic era, the market is very competitive and the demand for a product...

Q:

Market Demand Forecast Method Selection and Application: A Case Study in Hero MotoCorp Ltd. D K Choudhury Abstract: In this dynamic era, the market is very competitive and the demand for a product...

Q:

What type of company was studied? What kind of product did they sell? What is their geographic reach? Why is demand forecasting in this business? What types of models did the author use? Please give...

Q:

ChatGPT Heralds an Intellectual Revolution; Generative artificial intelligence presents a philosophical and practical challenge on a scale not experienced since the start of the Enlightenment. A new...

Q:

ead the Harvard case study on Procter and Gamble. Then, answer the following questions. 1. What is business analytics? Why is it important to make real-time decisions at P&G? What are the benefits of...

Q:

3. A man wished to invest $12,000 in three types of bonds: municipal bonds paying 7% interest per year, bank certificates paying 8%, and high-risk bonds paying 12%. For tax reasons he wants the...

Q:

For a company that uses process costing, Processing Department C had the following information for the most recent month: Beginning inventory for the month contained 12,000 units that were 30 percent...

Q:

4 Which of the following statements is true? 0 1 2 0 5 6 Multiple Choice Managers can manipulate earnings more easly under variable costing by varying the production level. Absorption costing treats...

Q:

Generate a project risk matrix for the Bike-sharing kiosks project and discuss the importance of defining the project risks. The WBS should contain the task, dependencies, the resources that are...