As a Forecasting Method,a "Survey of Buyer Intentions" Is Most

question 30

Multiple Choice

As a forecasting method,a "survey of buyer intentions" is most effective when:

• A)There are many potential buyers.
• B)We are looking for a very low-cost method.
• C)We need the forecast by tomorrow.
• D)A high percentage of "I-intend-to-buy" respondents are likely to actually buy the product.
• E)Respondents do not yet know their intentions.

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Definitions:

Responsive

Being quick to react positively or appropriately to stimuli or information, often used in the context of communication, web design, or customer service.

Basic Needs

Fundamental requirements for human survival and well-being, which typically include food, water, shelter, and safety.

Trust Versus Mistrust

The first stage in Erik Erikson's theory of psychosocial development, where an infant learns to trust or mistrust their caregivers and the world based on the care they receive.

Birth

The process of giving life to offspring by which an offspring is physically brought forth from the mother's body.