jury of executive opinion
Definition
Method of combining and averaging views of several executives regarding a specific decision or forecast. The general practice is to bring together top executives from finance, human resources, marketing, purchasing, and production, etc., who provide background information, experiences, and opinions to the board of directors. This exercise usually leads to a quicker (and often more reliable) result without the use of elaborate data manipulation and statistical techniques.
jury of executive opinion is in the Decision Making, Problem Solving, & Strategy and Information & Knowledge Management subjects.
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