An Internal Sales Forecast Is Based on the Relationships That

question 38

True/False

An internal sales forecast is based on the relationships that can be observed between a firm's sales and certain key economic indicators such as the gross domestic product, new housing starts, or disposable personal income.

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Definitions:

Event-Based Task

A task in computing that is triggered by the occurrence of specific events, rather than being executed in a continuous loop.

Periodic Task

A task that is scheduled to run or execute at regular intervals.

Programs

Instructions written in a programming language that a computer or device executes to perform specific tasks.

Task

A specific piece of work or operation to be performed, often part of a larger process or system functionality.