A Managerial Approach Toward Forecasting Which Seeks to Actively Influence

question 112

Multiple Choice

A managerial approach toward forecasting which seeks to actively influence demand is:

• A)reactive.
• B)proactive.
• C)influential.
• D)protracted.
• E)retroactive.

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Definitions:

New Harmony

A utopian community founded by Robert Owen in 1825 in Indiana, USA, intended as an experiment in communal living and social reform.

Modern Times

A period extending from the late 19th century to the present, characterized by rapid advancements in technology, science, and social organization.

Reform Movements

Organized efforts aimed at changing certain societal norms, laws, or practices for improvement.

Protestant Morality

A set of values emphasizing hard work, thrift, and responsibility, often associated with Protestant reformation leaders and influencing societal norms.