There Are Currently Two Popular Ways to Estimate Sales Response

question 67

Multiple Choice

There are currently two popular ways to estimate sales response functions based on the number of sales calls.They are:

• A)The buildup and the breakdown approaches
• B)The judgment-based and empirical-based methods
• C)Response function analysis and trend analysis
• D)The historical-based and functional approaches
• E)The qualitative and quantitative approaches

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Definitions:

Inside Quotes

The highest bid and the lowest ask prices among various market makers or participants in a financial market for a particular security.

Limit Order Book

A record of all outstanding limit orders in a particular security, organized by price level.

Institutional Investors

Large organizations, such as pension funds, insurance companies, and mutual funds, that invest substantial amounts of money in securities and assets, often on behalf of others.

Initial Public Offerings (IPOs)

The method where a privately-held company offers its stock to the broader public for the initial time.