Which of the Following Is a Reason Why a Forecast

question 1

Multiple Choice

Which of the following is a reason why a forecast can go "out of control?"

• A)a change in trend
• B)an irregular variation such as unseasonable weather
• C)a promotional campaign
• D)all of the above

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Definitions:

Basic Sector

Economic activities that provide goods and services beyond the local market, contributing to a region's economic growth by bringing in external income.

Primary Sector

The sector of an economy involving the extraction and collection of natural resources, such as agriculture, forestry, fishing, and mining.

Secondary Sector

The part of the economy that is concerned with transforming raw materials into finished or semi-finished products, often referred to as the industrial sector.

Tribal Society

A form of society structured around family ties, with social organization typically based on clans or tribes.