Which One of the Following Statements About the Patterns of a Demand

question 131

Multiple Choice

Which one of the following statements about the patterns of a demand series is False?

• A) The five basic patterns of most business demand series are the horizontal, trend, seasonal, cyclical, and random patterns.
• B) Estimating cyclical movement is difficult. Forecasters do not know the duration of the cycle because they cannot predict the events that cause it.
• C) The trend, over an extended period of time, always increases the average level of the series.
• D) Every demand series has at least a random component.

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Definitions:

Polycentric Staffing Model

An international staffing strategy where host-country nationals are hired to manage subsidiaries in their own country, while parent-country nationals occupy key positions at the corporation's headquarters.

Host-Country Nationals

Employees who are citizens of the country in which a multinational company's foreign subsidiary is located, unlike expatriate employees from the company's home country.

Exporting

The process of selling goods or services produced in one country to buyers in other countries, often as a strategy for companies to expand their market reach.

International Business Strategy

A plan of action that guides commercial transactions taking place between entities in different countries.