The Method Which Would Not Be Used to Forecast Sales

question 13

Multiple Choice

The method which would not be used to forecast sales is:

• A) extrapolation of past sales.
• B) predictions by senior management.
• C) statistical or mathematical techniques.
• D) working out the maximum production that can be achieved.

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Definitions:

Democracy

A form of government in which power is held by the people, who exercise power directly or through elected representatives.

Popular Sovereignty

The principle that the authority of a state and its government is created and sustained by the consent of its people, through elected representatives.

Constitutional Amendment

A formal change or addition to a constitution, often requiring a specific process of proposal and ratification by the government or the people.

Nationwide Election

An election process that occurs across an entire country to select national leaders or to decide on national policies.