While Developing a Company Sales Forecast at Safeway,Barb Herrington Discovered

question 134

Multiple Choice

While developing a company sales forecast at Safeway,Barb Herrington discovered a pattern in sales volume over the past five years.She likely used which sales forecasting technique?

• A) Surveys
• B) Executive judgment
• C) Time series analysis
• D) Market tests
• E) Regression analysis

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Definitions:

Monetary Policy

Actions undertaken by a central bank, such as the Federal Reserve, to control the money supply and interest rates to achieve macroeconomic objectives like controlling inflation, consumption, growth, and liquidity.

Federal Open Market Committee

The branch of the Federal Reserve System responsible for setting national monetary policy and interest rates.

Reserve Requirement

The minimum amount of deposits that a bank must hold in reserve and not lend out, which is set by the central bank as a means to control the money supply.

Open-Market Sales

Transactions where central banks sell securities in the open market to control the supply of money.