Use the Data Given Below to Answer the Following Question(s)

question 2

Multiple Choice

Use the data given below to answer the following question(s) .
The worldwide sales of cars from 1981-1990 are shown in the table below. Given: α = 0.2, γ = 0.05, and season length = 1. (Hint: Use XLMiner) . $$\begin{array} { | c | c | } \hline \text { Year } & \begin{array} { c } \text { Units sold in } \\\text { thousands }\end{array} \\\hline 1 & 750 \\\hline 2 & 823 \\\hline 3 & 1034 \\\hline 4 & 1945 \\\hline 5 & 1556 \\\hline 6 & 1300 \\\hline 7 & 1346 \\\hline 8 & 1150 \\\hline 9 & 967 \\\hline 10 & 1200 \\\hline\end{array}$$
-Which of the following is the forecast value for the 6th year?

• A) 1256.06
• B) 1328.04
• C) 1321.31
• D) 1327.24

Identify key global economic and political changes and their impact on business, such as Brexit.

Relate organizational success to the alignment of processes with customer needs and the importance of quality improvement.

Comprehend the significant role HR managers play in strategy formulation and implementation, and the wide range of responsibilities they handle.

Understand the implications of organizational changes such as downsizing, outsourcing, and the shift from touch labour to knowledge workers.

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Definitions:

Simple Interest Rate

The percentage of interest paid on the original principal amount of a loan or investment, not compounding over time.

Compound Interest

Interest on both the initial principal and the accumulated interest from previous periods on a deposit or loan.

Rates of Return

Financial returns or setbacks on an investment throughout a chosen timeframe, indicated as a percentage of the investment's original expenditure.

Future Value

The value of an existing asset at a future date based on an assumed rate of growth over time.