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This Forecasting Method Acknowledges Three Key Factors Affecting Sales--Trend, Seasonal

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This forecasting method acknowledges three key factors affecting sales--trend, seasonal , cycles.


Definitions:

Private Self

The aspect of an individual's self-concept that is kept internal and private, not usually revealed or expressed openly to others.

Generalized Other

A concept referring to the common behavioral expectations of a society, allowing individuals to anticipate how others will react to their actions.

George Herbert Mead

An early 20th-century sociologist and philosopher known for his work on developing the theory of symbolic interactionism.

Perspective-taking

The cognitive capacity to consider the world from someone else's viewpoint, an important component of empathy and interpersonal relationships.

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