Multiple Choice
In which of the following situations is the use of qualitative forecasts most appropriate?
A) A marketing manager has to forecast monthly sales for the coming financial year based on the past monthly sales figures.
B) A TV network executive has to forecast viewership figures for a daily talk show based on historical data from the past on a similar show on a rival network.
C) An economist has to forecast credit flow resulting from a newly introduced stimulus package by the federal government.
D) A country's annual rate of growth for the upcoming year has to be estimated based on the annual GDP data from the last 20 years.
Correct Answer:

Verified
Correct Answer:
Verified
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