Focus forecasting selects the best forecast from a group of forecasts generated by individual techniques
Indicate whether the statement is true or false
TRUE
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Sample findings (percentages or averages) are assumed to be approximations of population facts, due to sampling error
Indicate whether the statement is true or false
Rachel is deciding whether to remain in the home she has lived in for the past ten years, which is located very near her work, or to move into a newer home that is located in the suburbs further from her job. The old house was purchased for $160,000 and has a market value of $220,000. The new home can be purchased for $285,000. Which of the following is not relevant to Rachel's decision?
A. Cost of the new house B. Market value of the old house C. Driving distance to work D. Cost of the old house
The morning, Kurt invested $500 for five years. He will earn 3 percent interest for the first two years and 5 percent interest for the last three years. How much will his investment be worth 5 years from now?
A. $598.14 B. $622.19 C. $584.82 D. $614.06
In the context of on-demand marketing, which of the following statements is true of market-oriented firms?
a. They emphasize on convincing potential customers to buy unwanted products. b. They emphasize on closing a deal rather than developing a long-term customer relationship. c. They seek to make a profit by creating customer value and customer satisfaction. d. They lay minimum emphasis on customer relationship management.