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    Question

    Delphi method is used for?   

    A Accounting for human resource Correct Answer Incorrect Answer
    B Planning specialised manpower requirement Correct Answer Incorrect Answer
    C Customer satisfaction Correct Answer Incorrect Answer
    D Determining prices of a new product Correct Answer Incorrect Answer
    E Forecasting impact of new technology or processes Correct Answer Incorrect Answer

    Solution

    The Delphi method is a forecasting method based on the results of questionnaires sent to a panel of experts. Several rounds of questionnaires are sent out, and the anonymous responses are aggregated and shared with the group after each round. The experts are allowed to adjust their answers in subsequent rounds. Since multiple rounds of questions are asked and the panel is told what the group thinks as a whole, the Delphi method seeks to reach the correct response through consensus.

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