What Is the Relationship Between Demand Management and Demand Forecasting

question 41

Multiple Choice

What is the relationship between demand management and demand forecasting?

• A)The two planning activities are managed independently.
• B)Demand management plans are usually an input to demand forecasting.
• C)Demand management is done by operations managers,while demand forecasting is done by marketing managers.
• D)All the answers are correct.

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Definitions:

Social Structure

The organized pattern of social relationships and social institutions that constitute society.

Short-Term Orientation

A cultural or individual preference for immediate outcomes and gratification, focusing on the present rather than the future.

Future Rewards

pertains to benefits or recognitions that are anticipated in the future as a result of specific actions or behaviors today.

Social Obligations

Duties or responsibilities that individuals are expected to fulfill in their interactions with other members of society.