Kyle Is Conducting a Sales Forecast by Adding Up His

question 51

Multiple Choice

Kyle is conducting a sales forecast by adding up his company's sales over the past five years and then dividing that by five (the number of years) .The forecasting technique he is using is called:

• A)moving average forecasting
• B)dynamic forecasting
• C)static forecasting
• D)indexing

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Definitions:

Impact

The effect or influence that an event, action, or phenomenon has on someone or something.

Total Person

A holistic concept encompassing all aspects of an individual’s being, including physical, mental, emotional, and spiritual dimensions.

Organizations

Groups or assemblies of individuals structured to achieve particular aims or goals through collective efforts and established processes.

Person Development

The process of self-improvement through activities that enhance one’s skills, knowledge, and personal qualities, often contributing to the achievement of personal and professional goals.