Which Tool Would Allow a Manager to Estimate How Much

question 99

Multiple Choice

Which tool would allow a manager to estimate how much of a product will sell in a three-month period?

• A)sales forecasting
• B)sales tracking
• C)demand analysis
• D)promotion evaluation
• E)advertising effectiveness study

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Definitions:

Advertising Campaigns

Organized series of promotional activities or advertisements with a specific message or purpose, aimed at reaching a particular audience.

Transfer Price

The price at which goods and services are sold between divisions within the same company or between subsidiaries of a parent company.

Market Price

The current price at which an asset or service can be bought or sold in a open market.

Variable Costs

Variable costs are those expenses that change in proportion to the volume of goods or services that a business produces.