Which of the Following Depicts a Common Top-Down Approach to Forecasting

question 113

Multiple Choice

Which of the following depicts a common top-down approach to forecasting?

• A) Begin with a company's sales forecast for a specific market segment, then draw national and industry sales forecasts.
• B) Start with an industry forecast, then apply it to a specific company and its products, and subsequently draw a national income forecast.
• C) Start by developing a national income forecast; then use it to develop an industry sales forecast; then use it to develop forecasts for a specific company, its specific products, and the segments it targets.
• D) Start by developing a national income forecast, then develop a forecast for a specific company, which should lead to an industry sales forecast.
• E) None of these alternatives is correct.

Distinguish between different measures of spread and central location in the context of their sensitivity to extreme values.

Practice calculating quartiles and interpreting their values in a real-world context.

Understand the terminology specific to box plots and data distributions.

Understand the concept and critique of managerialism in organizations.

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