A Marketing Manager Knows That the Current Market Potential for His

question 37

Multiple Choice

A marketing manager knows that the current market potential for his company's product is close to $1,000,000. He knows that the market is growing at about 20 percent a year, and that his firm usually wins about 25 percent of the total sales. A market analyst forecasts that the company should have $800,000 in sales next year.

• A) The sales manager should worry that his competitors seem to be getting stronger.
• B) The marketing manager should not make any plans based on the forecast, since he knows it must be way off.
• C) The marketing manager should plan on selling less dollar volume next year.
• D) The marketing manager should be disappointed that his sales are not projected to grow at a rate as fast as the market.

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Definitions:

Value Of Y

A phrase indicating the need to determine or discuss the value of a variable or quantity labeled 'Y'.

Switch Statement

A control flow statement that allows for more efficient multiple conditional operations based on the value of an expression.

System.out.println

A command in Java that prints the specified message to the console or standard output.

Control Structure

Constructs in programming that control the flow of execution of statements or blocks of code, such as loops and conditional statements.