If Managers at Sharp Canada Wanted to Predict the Effect

question 92

Multiple Choice

If managers at Sharp Canada wanted to predict the effect of LCD televisions on the sale of conventional televisions, they should use which quantitative forecasting technique?

• A) regression models
• B) customer evaluation
• C) substitution effect
• D) economic indicators
• E) time series analysis

Understand the impact of differing discount rates and expected salvage values on the desirability of investment projects.

Comprehend the role of depreciation and taxable income computations in the capital budgeting process.

Understand the role of seniority in employee-related decisions.

Identify unfair labour practices by unions and management.

---

Definitions:

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.

Unregulated Market

A market where economic activities are freely carried out without governmental intervention in terms of prices, production, and distribution.

Shortage

A situation where the demand for a product or service exceeds the supply available at a specific price.

Product

Any good, service, or idea that can be offered to a market to satisfy a want or need.