In a Majority of Firms,forecasting Demand Is the Responsibility of the

question 52

Multiple Choice

In a majority of firms,forecasting demand is the responsibility of the

• A) Finance department
• B) Marketing/Sales department
• C) Production department
• D) Product Development department
• E) Engineering department

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Definitions:

Prosperous

Characterized by financial success and good fortune; thriving or flourishing economically.

Rationalizing

The process of providing logical or reasonable explanations for decisions, behaviors, or beliefs, often after the fact.

Goodwill

The positive reputation and favorable relationships a business secures with its stakeholders, reflecting intangible assets like brand value.

Postconventional Level

A stage of moral development in which an individual's sense of morality is defined by more abstract principles and values, rather than by conforming to the expectations of others or the rules of society.