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:

Production Systems

The methods, technologies, and processes used to produce goods and services.

Traditional Authority

A form of leadership in which the authority of an organization or a ruling regime is largely tied to tradition or custom.

Personal Appeal

The ability of an individual to attract or interest others through their personality, presence, or charisma.

Female Enlisted Personnel

Women who serve as non-commissioned officers or in other ranks within a military organization, excluding officer ranks.