A Weakness of the Trend-Extension Method of Sales Forecasting Is

question 41

True/False

A weakness of the trend-extension method of sales forecasting is that it assumes past conditions will continue unchanged in the future.

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Definitions:

Operate Phase

A stage or process in which systems, procedures, or principles are applied or enacted.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later, often larger or more satisfying, reward.

Immediate Sacrifices

Refers to foregoing short-term pleasures or benefits in favor of long-term goals or rewards.

Self-Defeating Behavior

Any action by which people bring failure, suffering, or misfortune on themselves.