A Company's Sales Forecast Would Likely Consider All of the Following

question 15

Multiple Choice

A company's sales forecast would likely consider all of the following factors except:

• A) political and legal events.
• B) advertising and pricing policies.
• C) general economic and industry trends.
• D) top management's attitude toward decentralized operating structures.
• E) competition.

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Definitions:

Management Exception

A policy or practice where managers intervene or take action based on significant deviations from expected results or predefined standards.

Actual Performance

The real, observed output, result, or productivity as opposed to planned or expected performance.

Opportunity Situation

Refers to a set of circumstances that presents a chance for an individual or organization to achieve a specific goal or benefit.

Management By Exception

A management strategy where managers intervene only when performance deviates significantly from set standards.