The Most Crucial Limitation(s)associated with Causal Methods of Sales Forecasting

question 104

Multiple Choice

The most crucial limitation(s) associated with causal methods of sales forecasting is(are) :

• A)the problem of determining future values of the independent or causal variables.
• B)the problem of securing unbiased sales estimates from the sales force.
• C)that seasonal variations in performance are difficult to precisely estimate.
• D)both (b)and (c).
• E)All of the above are crucial limitations of causal methods of sales forecasting.

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Definitions:

Barriers to Entry

Factors that prevent or hinder new competitors from easily entering an industry or market, such as high startup costs, strict regulations, or control of key resources.

National Income

The total value of all goods and services produced by a country over a specific period, usually measured annually.

Wages and Salaries

The financial compensation received by employees for their labor, typically determined on an hourly, daily, or contractual basis.

Labor's Share

The segment of a country's income or production assigned to employees through wages, salaries, and perks.