Technical Forecasting Relies Completely On

question 50

Multiple Choice

Technical forecasting relies completely on:

• A)computer models that consider every factor that could affect the value of a currency.
• B)new information that can change the value of a currency.
• C)all information,old and new,that can change the value of a currency.
• D)an analysis of currency values over time rather than on a consideration of economic factors and their affects on the currency value.

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Definitions:

Pricing

The process of determining the value that will be charged for goods or services offered to customers.

Perceived Value

The worth or importance a product or service holds in the mind of the consumer, which can influence their decision to purchase.

Marketing Mix

A set of controllable marketing tools—Product, Price, Place, and Promotion—that a company uses to produce a desired response from its target market.

Variety Of Products

A wide range of different items or goods offered by a business to meet various customer needs and preferences.