Tourism Is the Backbone of the Economy of Nirvana

question 7

Multiple Choice

Tourism is the backbone of the economy of Nirvana. The industry is given top priority by the government that recognizes the high stakes involved. Given only data on annual arrivals of tourists to Nirvana, which method of projecting future demand should be recommended?

• A) multiple regression
• B) trend analysis
• C) simple regression
• D) computer simulation
• E) any of the above depending on size of research budget

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Definitions:

Persuasive Tactics

Strategies used to convince or influence people to believe, do, or buy something.

Social Media

Platforms and technologies that enable users to create, share, and exchange content or participate in social networking.

Manipulating

The act of skillfully handling, controlling, or using something or someone often with a negative connotation.

Strategic Planning Session

A structured meeting process intended for organizations to set priorities, focus energy and resources, establish agreements, and plan their strategic goals.