Which of the Following Is a Commonly Used Sales Forecasting

question 6

Multiple Choice

Which of the following is a commonly used sales forecasting method that involves evaluating past sales data and the impact of factors that influence sales?

• A)Sales force composite method
• B)Customer expectations analysis
• C)Time-series analysis
• D)Jury of executive opinion method

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Definitions:

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given income and prices, illustrating consumer choice.

Money Income

The total amount of monetary earnings or receipts over a specified period, not considering the effects of inflation.

Prices

The amounts of money expected, required, or given in payment for something, reflecting the value assigned to goods or services.

Consumer Purchases

The total amount of goods and services bought by individuals and households in a specific period.