Aaron Operates a Confectionery Stand in the Johannesburg CBD

question 43

Multiple Choice

Aaron operates a confectionery stand in the Johannesburg CBD.His business is seasonal but within those seasons several other factors influence the demand for sweets.Aaron is most likely to use _______________ to help him predict demand on a daily basis.

• A)associative forecasting
• B)linear regression
• C)historical sales data
• D)the weather report

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Definitions:

Own Ethics

Personal or individual moral principles that govern one's behavior and decision-making.

Kohlberg's Moral Development

A theory that proposes six stages of moral development through which individuals progress as they grow older and gain maturity.

Goal Statement

A clear and specific declaration of the objectives an individual or organization aims to achieve.

Time Bound

Restricted or limited by a predetermined timeframe for completion.