List and briefly describe the four different methods of forecasting available

What will be an ideal response?


a. Judgment methods – relies on pure opinion to forecast sales.
b. Counting methods – uses primary data collection methods to predict sales.
c. Time-series methods – uses averages of historical sales figures to make a forecast.
d. Association/causal methods – attempts to develop statistical models relating market factors to sales forecasts.

Business

You might also like to view...

The major responsibility for fulfilling the expectations created by the marketing department and by the past experiences of repeat guests lies with ______.

a. The marketing department of the organization b. The operations side of the organization c. The advertising department of the organization d. The general manager of the organization

Business

Explain assumptive close. When can this be used?

What will be an ideal response?

Business

How does culture impact motivation? Provide examples.

What will be an ideal response?

Business

Your resume should not include:

A) marital status. B) work experience. C) educational background. D) relevant volunteer experience.

Business