The qualitative method of forecasting is used for market research in business, which focuses on the consumers demands, and if new product is released if there is an expected demand for or not (Boylan & Syntetos, 2009). Explain how an organization goes about getting a qualitative forecast in half page.
Boylan, J. E., & Syntetos, A. A. (2009). Spare parts management: a review of forecasting research and extensions. IMA journal of management mathematics.