A Company Is Conducting Long-Term Planning of Which Types of Services

question 98

Multiple Choice

A company is conducting long-term planning of which types of services they should offer.Which of the following forecasting techniques are they most likely to use?

• A) Trend models
• B) Executive opinion
• C) Regression models
• D) Simple exponential smoothing
• E) None of the choices are used for the longer term.

---

Definitions:

Practical Joke

A mischievous trick played on someone, generally causing the victim to experience embarrassment, perplexity, confusion, or discomfort.

Financial Gain

The increase in monetary resources resulting from the profitable operation of a business or other financial transactions.

Modern Language Association

An organization that promotes the study and teaching of language and literature, noted for its MLA formatting style guide.

Hot Wallets

Cryptocurrency wallets that are connected to the internet, facilitating easier transactions but also exposing them to greater security risks compared to cold wallets.