The ________ Method for Estimating Demand Assumes That Demand for a Product

question 48

Multiple Choice

The ________ method for estimating demand assumes that demand for a product develops in much the same way in all countries, as comparable economic development occurs in each country.

• A) reference class forecasting
• B) analogy
• C) morphing
• D) scenario building
• E) triangulation

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Definitions:

Motives

Internal processes that energize, direct, and sustain behavior towards fulfilling a need or achieving a goal.

Needs

Something that is necessary to survive or thrive.

Need

A requirement essential for an organism's survival, growth, or well-being.

Physiological Needs

Basic physical requirements including air, water, food, shelter, and sleep, necessary for human survival.