All of the following are true about time series methods EXCEPT

a. they discover a pattern in historical data and project it into the future.
b. they involve the use of expert judgment to develop forecasts.
c. they assume that the pattern of the past will continue into the future.
d. their forecasts are based solely on past values of the variable or past forecast errors.


b. they involve the use of expert judgment to develop forecasts.

Business

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Characterize psychographic segmentation

What will be an ideal response?

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McCall Automotive sells a large number of well-established minivans, such as the Dodge Caravan and Honda Odyssey. Now, the dealership has a new vehicle that it must position–a hybrid minivan

What will be the best strategy for positioning the new hybrid minivan? A) hiring a new sales team to sell the hybrid minivan B) focusing on key features of the hybrid minivan C) highlighting the service provided by the dealership D) creating a need and desire for a hybrid minivan E) sustaining the dealership's current minivan market share

Business

Yokio, Ltd., and Zeno, S.A., transact an international sale of goods. At the request of these parties, a court in Portugal resolves a dispute between them. A U.S. court will most likely honor the judgment

a. if it is consistent with U.S. laws and public policy. b. if it is consistent with Portuguese laws and public policy. c. if it does not benefit the U.S. to deny it. d. under no circumstances.

Business

An underwritten issue of common stock is one in which a firm purchases insurance to cover unexpected losses suffered by shareholders

Indicate whether the statement is true or false

Business