________ Data Include Elements or Facts That May or May

question 41

Short Answer

________ data include elements or facts that may or may not have meaning or relevance.

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Definitions:

Forecast Sales

The process of estimating future sales performance based on historical data, market analysis, and other predictive factors.

Customer Order

A request made by a customer to purchase goods or services from a business.

Four Ps

A marketing mix model that includes Product, Price, Place, and Promotion, used to consider the key factors involved in marketing goods and services.

Marketing Mix

A foundational model in marketing that describes the various elements that can be controlled by a company to influence consumers to purchase its products. It traditionally includes product, price, place, and promotion.