Which of the Following Components Is Not Present in a Time

question 1

Multiple Choice

Which of the following components is not present in a time series?

• A)Secular trend
• B)Regular variation
• C)Cyclical variation
• D)Seasonal variation

---

Definitions:

Small Business Ownership

The operation and management of a small enterprise, typically characterized by a limited number of employees and relatively low volume of sales.

Franchising

A business model that allows individuals or entities to operate a store or restaurant by licensing a brand and business system from a franchisor.

Disadvantages

Negative or less favorable aspects of a situation, plan, or decision.

Franchisee

A business owner who operates a single franchise outlet, having bought the rights from the franchisor to use the business model and branding.