subject
Business, 24.11.2020 18:50 dummynate

CAN SOMEONE PLEASE HELP THIS WORKSHEET IS DUE TODAY Directions: Read the following statements in the order in which they are written. Determine if
each statement represents a quantitative or a qualitative method of sales forecasting.
Put the first letter of the statement in the appropriate row at the bottom of the page,
then proceed to the next statement. After all answers are recorded, each row will
spell a word associated with that method.

Statements:
New Image Hair Salon hires a firm to conduct a survey to determine the frequency of salon visits.
Unemployment figures could decrease demand and may be useful for inventory planning decisions.
Observation of current trends is helpful in sales forecasting.
Method of sales forecasting that is most expensive is this type.
Predicting sales for a new product based on feelings would fall under this category.
If you hear that the cost of plastic for toy production is increasing, you can make advance
purchasing decisions.
Nifty Sporting Goods has a customer suggestion box for new products that the store should offer
for sale.
Business publications can detail the sales of GM vehicles in 2013.
“I need to know how many employees you think I should hire,” Ms. Smith asks the Small Business
Administration.
Oliver, the manager of a Wendy’s restaurant, calls another Wendy’s manager to find out how they
competed with a new McDonald’s.
Exact data and facts can be provided through this sales forecasting method.
Not quite as accurate or precise as the other method, this method is still quite useful.
Retirement-related purchases will increase with the rise in the senior-citizen
population—population figures will be needed.
Sales figures for last year can help a business plan current inventory levels.

QUANTITATIVE:

QUALITATIVE:
JUST SO YOU KNOW AFTER YOU ANSWER THIS ONE THERE IS THIS SAME QUESTION ON MY PAGE AGAIN FOR THE SAME AMOUNT OF POINTS PLEASE ACTUALLY HEL

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
Answers: 1
question
Business, 22.06.2019 20:00
During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above
Answers: 3
question
Business, 22.06.2019 21:00
Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.
Answers: 1
question
Business, 22.06.2019 21:10
Upon completion of the northwest-corner rule, which source-destination cell is guaranteed to be occupied? a. top-leftb. the cell with the lowest shipping costc. bottom-leftd. top-righte. bottom-right
Answers: 1
You know the right answer?
CAN SOMEONE PLEASE HELP THIS WORKSHEET IS DUE TODAY Directions: Read the following statements in th...
Questions
question
English, 07.05.2021 21:00
question
Mathematics, 07.05.2021 21:00
Questions on the website: 13722362