A Managerial Approach Toward Forecasting Which Seeks to Actively Influence

question 94

Multiple Choice

A managerial approach toward forecasting which seeks to actively influence demand is:

• A)reactive.
• B)proactive.
• C)reflexive.
• D)protracted.
• E)retroactive.

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Definitions:

Forward Contracts

Agreements to buy or sell an asset at a future date for a price specified today, not traded on an exchange.

Counterparty Risk

The risk that the other party in an agreement will default or fail to live up to their contractual obligations.

Futures Markets

Financial markets that facilitate the buying and selling of future contracts, which are agreements to buy or sell an asset at a future date at a price specified today.

Financial Contracts

Agreements between parties to conduct a financial transaction according to specified terms.