Which forecasting method is commonly used by going to the market to get information for new product launches?
A)Delphi method
B)String method
C)Time series forecasting
D)Grassroots forecasting

Question

Quizplus · Accepted Answer

Grassroots forecasting involves going directly to the source of information, such as the market or end-users, to gather insights and predictions about new product launches. This method is particularly useful for understanding the potential demand and reception of a new product.

Which Forecasting Method Is Commonly Used by Going to the Market