Kaneshi Hartfield Is a Sales Representative with Plain Truth Advertising

question 11

Multiple Choice

Kaneshi Hartfield is a sales representative with Plain Truth Advertising. She is an excellent sales representative, but corporate management feels that she is too independent. But they are afraid to act, since Kaneshi maintains her own list of key contacts. This is an example of:

• A) asymmetric information problems.
• B) different time horizons of the sales representative and management.
• C) the free rider problem.
• D) the failure of bargaining.

---

Definitions:

Smoothed Series

A data series that has been modified to eliminate random fluctuations and highlight long-term trends or cycles.

Original Time Series

Data collected in sequence over time, which has not been modified or transformed, used for analysis or forecasting.

Centered Moving Average

A method used in time series analysis to smooth data points by creating averages of different subsets of the full data set.

Four-Period Moving Average

A method to smooth out data by calculating the average of each set of four consecutive periods.