Sales Forecasts for New Products May Be Based on Any

question 24

Multiple Choice

Sales forecasts for new products may be based on any of the following procedures except:

• A) executive judgments.
• B) moving averages.
• C) market tests.
• D) surveys.
• E) all of the above may be used.

---

Definitions:

Levels Of Abstraction

Different stages or layers at which information or processes are conceptualized, ranging from more concrete to more abstract levels.

Divergent Taxonomies

Classification systems that organize or arrange items into categories based on differing criteria or characteristics, emphasizing the variability among items.

Behaviors

Actions or reactions of an individual, usually in relation to the environment or social situations.

Providing Praise

The act of expressing approval or admiration towards someone's achievements or qualities.