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G&P's Marketing Research Department Needed to Get Figures on Market

Question 70

Multiple Choice

G&P's marketing research department needed to get figures on market size and growth rates in a company they were targeting for growth. They opted to use government officials and outside consultants for the information. This is a method known as


A) probabilistic forecasting.
B) expert opinion.
C) simulation.
D) extrapolation.
E) scenario building.

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