Your Goal Is to Sell Jogging Shoes to Those 65

question 124

Multiple Choice

Your goal is to sell jogging shoes to those 65 and other who live in Florida. Here is some information you have collected: (1) There are 3 million joggers 65 and older in the U.S. (2) 600,000 of them live in Florida. (3) Florida attracts 20% of all people who move when they retire. (4) You estimate that during your first year you will capture 2 percent of the Florida joggers who are age 65 or older. (5) You estimate that your sales will increase by 25% in year 2.
-Which of the following piece(s) of information would be used to forecast your demand for year 2?

• A)3 million joggers who are 65 or older
• B)Your estimate that you will capture 2 percent of the Florida joggers in year 1.
• C)Your estimate that your sales will increase by 25% in year 2
• D)Both b and c

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Definitions:

Society

An organized group of individuals who share a common culture, institutions, and collective activities and interests.

Dangerous Measures

Actions or strategies that pose significant risks to health, safety, or well-being in pursuit of certain outcomes.

Normal Weight

A weight classification based on Body Mass Index (BMI) considered to be within the healthy range for an individual's height.

Body Image

An individual's perceptions, thoughts, and feelings about their body's appearance and physical capabilities.