Sales for a Product Have Been Fairly Consistent Over Several

question 20

Multiple Choice

Sales for a product have been fairly consistent over several years,although showing a steady upward trend.The company wants to understand what drives sales.The best forecasting technique would be:

• A)trend models.
• B)judgmental methods.
• C)moving averages.
• D)regression models.
• E)exponential smoothing techniques.

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Definitions:

Goal Difficulty

The extent to which a goal is challenging and requires effort to achieve, with more difficult goals often leading to higher motivation and performance.

Ability

The possession of the means or skill to do something, often considered in terms of natural talent or acquired skills.

Ethical Behavior

Conducting oneself according to morally sound principles in personal and professional settings.

Environmental Abuses

Refers to activities and actions that cause harm or damage to the natural environment, often due to human activities such as pollution, deforestation, and wildlife exploitation.