The Delphi technique:
A)is an attempt to decrease subjectivity of forecasts.
B)is a quantitative method.
C)is used to plot historical trends.
D)is the quickest method for increasing employee turnover rates.

Question

Quizplus · Accepted Answer

The Delphi technique is a qualitative method that seeks to reduce the level of bias in forecasting by obtaining the views of a diverse group of experts or stakeholders through questionnaires, feedback summaries, and discussion rounds. It is particularly useful in situations where there is a high degree of uncertainty or complexity.

The Delphi Technique