In Cases in Which Rapid Change Occurs in a Market

question 60

Multiple Choice

In cases in which rapid change occurs in a market or with a company,sales forecasts will be more accurate if they are based on:

• A)customer spending correlates
• B)both executive and expert opinion
• C)as many methods as possible
• D)the industry as a whole,not just the sector the company is part of
• E)similar historical periods

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Definitions:

Ethics at Work

The moral principles and standards that govern the behavior of individuals and organizations in a professional environment.

Trusteeship Climate

A work environment where responsibilities are shared and employees feel accountable and trusted.

Ethical Climates

Ethical climates are the shared perceptions of what is ethically right or wrong and what ethical behavior is expected within an organization.

Moral Development

The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, rules, and laws.