William,owner of a Small Hardware Store,likes to Forecast Sales to Better

question 41

Multiple Choice

William,owner of a small hardware store,likes to forecast sales to better prepare for seasonal fluctuations.He identifies as many target markets as possible and predicts the sales for each based on one-day sales at different times of the year.He then combines the predictions for the various segments to create a total sales forecast.Which sales forecasting method is William using?

• A) Build-up method
• B) Break-down method
• C) Qualitative method
• D) Quantitative method

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Definitions:

Vocal Intonations

Variations in pitch, loudness, and tempo during speech that can affect the meaning or emotional tone of what is said.

Hidden Emotions

Feelings that individuals keep concealed, either consciously or unconsciously, from others or even themselves.

Universally Recognized

Acknowledged or accepted across all cultures or societies without exception.

Primary Emotions

Basic emotions experienced by humans across cultures that are universally recognized, such as happiness, sadness, fear, and anger.