The Delphi technique
A) attempts to decrease subjectivity of forecasts
B) is a quantitative methods
C) uses sophisticated statistical tools for forecasting
D) is a method of reducing hiring costs

Question

Quizplus · Accepted Answer

The Delphi technique is used to decrease subjectivity and increase objectivity in forecasting. It is a qualitative method that uses expert opinions to reach a consensus. It does not rely on statistical analysis but rather on group communication and feedback. It is not related to reducing hiring costs.

The Delphi Technique