Emily Is a Custom Homebuilder and Estimates That Last Year's

question 176

Multiple Choice

Emily is a custom homebuilder and estimates that last year's sales were $1,500,000 and the sales growth rate for the past several years has been averaging 10 percent.On that basis, this year's sales should be $1,650,000.Which of the following forecasting techniques is Emily using?

• A) Survey of buyers intentions
• B) Sales Force Composite
• C) Trend Analysis
• D) Delphi Technique

Identify and explain the concepts of reliability, validity, and generalizability in research.

Comprehend the impact of values, bias, and experience on perceptions of reality and research outcomes.

Recognize various research methods, including field experiments, participant observation, and the importance of sampling techniques.

Explain the significance of operationalization in linking observations to variables in research.

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Definitions:

Fixed Costs

Expenses that do not vary with the level of output or sales, such as rent, insurance, and salaries, distinguished by their consistency.

Marginal Costs

The extra cost incurred by producing one additional unit of a product.

Indifferent

A state where an individual or group has no preference or difference in satisfaction among options, showing no bias or partiality towards any choice.

Break Even

The point at which total costs and total revenues are equal, resulting in no net loss or gain.