The budget should use historical data:

a. Only as a stepping-off point for aiding projections into the future.
b. Because things don't really change.
c. And add a 5% growth factor for each year.
d. Because management is satisfied with historical results.


a

Business

You might also like to view...

How does MBO further motivation?

What will be an ideal response?

Business

The ________ advertising objective attempts to convince current purchasers that they have made

the right decision. A) reminder B) reinforcement C) persuasive D) informative

Business

______ is a short-term time series forecasting method in which the average of the most recent demand periods is used to predict demand in the future period.

A. Moving average B. Naive approach C. Linear regression D. Exponential smoothing

Business

Henry Ford and ________ are credited with the development of the moving assembly line

Fill in the blanks with correct word

Business