The Density of Distribution Whereby a Firm Tries to Place

question 106

Multiple Choice

The density of distribution whereby a firm tries to place its products or services with only one retail outlet in a specified geographical area is referred to as __________ distribution.

• A)intensive
• B)extensive
• C)selective
• D)exclusive
• E)concentrated

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Definitions:

Moving Average Forecast

A method used in time series analysis to smooth out short-term fluctuations and highlight longer-term trends or cycles.

Observable Trend

A pattern, change, or movement in data or events that can be detected and analyzed through observation.

Seasonality

Refers to periodic fluctuations in business or data that recur in a predictable pattern based on the time of year.

Causal Forecasting Methods

Predictive techniques that assume a cause-and-effect relationship between the variable forecasted and one or more independent variables.