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:

Managerial Actions

Decisions or behaviors taken by managers in the course of leading and managing an organization or team.

Culture Modification

The process of altering an organization's or society's cultural elements, including norms, values, and practices.

Social Skills

Abilities that facilitate interacting and communicating effectively with others, including empathy, listening, and conflict resolution.

Whistle-blowers

Individuals who expose unethical, illegal, or improper practices taking place within an organization.