Which of the Following Is an Advantage of Using the Time-Series

question 22

Multiple Choice

Which of the following is an advantage of using the time-series analysis in sales forecasting?

• A) It utilizes historical data when forecasting.
• B) It consumes the least amount of time in forecasting.
• C) It is a very subjective type of analysis.
• D) It is most effective when forecasting new or innovative products.

---

Definitions:

Sources Of Power

The origins or bases from which an individual, group, or organization derives the ability to influence others.

Referent Power

A form of personal power arising from the attraction others feel towards an individual or the desire to be like that individual.

Legitimate Power

The authority a person or position holds within an organization, recognized as rightful by its members, which allows them to influence others.

Managerial Authority

The power vested in managers to make decisions and direct subordinates within an organization.