The forecasting technique that pools the opinions of a group of experts or managers is known as:

A) the expert judgment model.
B) multiple regression.
C) jury of executive opinion.
D) market survey.
E) management coefficients.


C

Business

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In order to be the most successful in a customer service environment, service providers must ________.

A. learn to focus on the behaviors of men, as they are more often the decision-makers B. learn to focus on the behaviors of women, because they make up the largest customer base C. ignore any gender differences and treat every customer identically D. develop the skills necessary to interact with both men and women

Business

The 360-degree review process is conceived largely as a leader development process. It is desirable for leaders to receive and learn from feedback from a variety of hierarchical and lateral sources, including bosses, subordinates, peers, and customers. An emphasis is placed on upward feedback. It can also include self-perceptions or self-evaluations. Everything is collected and put into a report, which is delivered to the recipient. The intent is for the receiver of the report to accept it and use it to improve his/her performance.

What will be an ideal response?

Business

Some people want healthy cereal that will help them lose weight or possibly prevent certain kinds of cancer. Some want presweetened cereal. Some want fruits and nuts in their cereal. Some people want whole wheat cereal while others want rice cereal

There are some who like hot cereal and others who like to eat their cereal right out of the box. The diversity of consumers for cereal is an example of ________. A) market aggregation B) market similitude C) economic aggregation D) disintermediation E) market fragmentation

Business

Balance of power is most likely the issue a salesperson must consider when responding to a ________ tactic

A) budget limitation B) feel-felt-found C) let-us-split-the-difference D) "if...then" E) "sell low now, make profits later"

Business