Search Header Logo

Sales Forecasting

Authored by Daniel Brown

Business

5th - 11th Grade

Used 32+ times

Sales Forecasting
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Time series analysis involves:

Analysing past data

Predicting future sales

Assuming past data is a reliable indicator of future sales

All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The four components that a business tries to identify in time series data is:

Random fluctuations, trends, seasonal fluctuations, constant fluctuations

Random fluctuations, moving data, seasonal fluctuations, cyclical fluctuations

Random fluctuations, trends, seasonal fluctuations, cyclical fluctuations

accurate predictions, trends, seasonal fluctuations, cyclical fluctuations

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a time series analysis, a piece of data that stands out from any trend is a:

Cyclical fluctuation

Unusual trend

Seasonal fluctuation

Random fluctuation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Trends are best described as:

Fashion trends

Changing trends

Patterns in the figures

Data variations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Allowing the business to plan orders of supplies and components is:

a benefit of sales forecasting

a drawback of sales forecasting

a factor influencing sales forecasting

a trend of sales forecasting

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Today, the most popular use of a smartphone is not the "phone", but the ability to access the internet. This is a lot different to when phones were first introduced in 1980. This is an example of:

Changing forecast trends

Changing cyclical trends

Changing seasonal trends

Changing consumer trends

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Changing consumer trends from petrol cars to environmentally-friendly cars is an example of:

Economic trends

Actions of competitors

Seasonal variations

Long-term trends

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?