what nonmathematical forecasting technique uses rounds of anonymous surveys among participants to determine consensus on the direction of employment trends, candidate selection, or other forecasting topics?
The Delphi Technique is a nonmathematical forecasting technique to find consensus. The approach uses rounds of anonymous surveys to remove influence of parties and repercussion of opinions.
Answer option C is incorrect. A management forecast is a nonmathematical forecasting technique that relies on organization's managers as a source of expert judgment.
Answer option B is incorrect. Qualitative forecast is a generic term for a qualified forecast based on given information, experience, or preferences.
Answer option D is incorrect. Trend analysis is a forecasting method but it is a mathematical model to predict likely outcomes.
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