Which of the Following Does a Forecast Always Assume

question 27

Multiple Choice

Which of the following does a forecast always assume?

• A) Base demand always moves in a positive direction
• B) Business cycles do not exist
• C) The past always repeats itself
• D) Every forecast is seasonal

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Definitions:

Forewarning

The act of informing someone in advance of a potential danger or negative outcome, allowing for preparation or avoidance.

Legitimate Power

Authority that is accepted as a normal part of a social role.

Referent Power

Social influence that occurs because individuals seek to be liked and accepted by valued social groups.

Emotional Appeal

A persuasive technique that targets the emotions rather than logic or reason to influence an audience’s response or behavior.