Sales forecasting model to use when sales are increasing

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Reference no: EM132159960

1. Which of these statements reflect reasons Thomas Paine gave for declaring independence from British rule? Check all that apply.

The king was envious of the colonies’ prosperity.

King George lacked the education to make wise policy decisions.

King George’s reign was colored by abusive uses of power.

The king was unable to act efficiently due to checks on his power.

2. Which of the following is the MOST useful sales forecasting model to use when sales are increasing?

A. 1 month simple moving average

B. 2 month simple moving average

C. 3 month simple moving average

D. 4 month simple moving average

3. Which of the following is true of price gouging?

a. Price gouging is a natural phenomenon. b. State officials warn against price gouging. c. Laws limit price gouging between 50–60 percent. d. Change in government leads to price gouging.

4. When Mathew decided to buy a laptop, he searched the Internet for information. However, he could not understand the technical language used in the websites he visited and decided to use product price as an indicator of quality. Which of the following terms best describes Mathew's decision-making process?

a. Rationalizing b. Extended decision making c. Satisficing d. Habitual decision making.

Reference no: EM132159960

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