Business Studies, asked by Ravikumar7560, 1 year ago

When can a business use a Delphi technique

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Answered by yashraj116
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The Delphi Technique started out as a technique to predict the future. It was developed by the RAND Corporation in 1950, as for the US air force. The RAND Corporation is an American think-tank that was founded in 1946 by the US air force. A few years later, it became an independent non-profit. Originally, the Delphi Technique was aimed at predicting the impact of technology on warfare.

For this decision making method, a group of experts are asked to anonymously answer a survey and provide feedback on each other’s answers. This process repeats itself. The aim is to come up with concrete solutions.

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