Brian Works for a Manufacturer of Sports Equipment and Is

question 44

Multiple Choice

Brian works for a manufacturer of sports equipment and is currently developing a company sales forecast for golf clubs. While reviewing data, he discovered a pattern in sales volume over the past ten years that peaked during two months of each year. Brian likely used which sales forecasting technique?

• A) The Delphi technique
• B) Executive judgment
• C) Time series analysis
• D) Market tests
• E) Regression analysis

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Definitions:

Government Spending

The total amount of public funds that a government expends on its programs, services, and investments.

Real GDP

GDP, corrected for inflation, to yield a clearer picture of the economic growth and the actual scale of the economy.

Tax Cuts

Reductions in the amount of taxes that individuals or corporations are required to pay to the government.

Government's Plan

A systematic arrangement of actions or strategies designed by a government to achieve specific outcomes or objectives.