A ________ predicts a company's future sales.
Sales Forecasts 5.02

Quiz
•
Business
•
9th - 12th Grade
•
Medium
Stephanie Ayers
Used 21+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Revenue stream
Sales forecast
Wholesaler
Department manager
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Qualitative forecasting is based on which of the following? Choose ALL that apply.
Expert opinion
Past experience
Factual numbers
Current observations
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Quantitative forecasting is based on? Select ALL that apply.
Hard facts
Expert Opinions
Numerical data
Current observation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Weaknesses of qualitative data included which of the following.
Could be biased and lack accuracy
Provides a variety of viewpoints
It is inexpensive
Beneficial when there isn't hard facts available
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Benefits of quantitative data include?
Requires subscriptions to industry publications
It is expensive
It is complicated to organize and compile data
It is reliable and objective
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Short-term forecasts are for 3 months or less. They are used to
Help with day-to-day planning, scheduling, staffing and inventory
Help create yearly budgets
Plan for capital expenditures, like land or machinery.
Decide on developing new products
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Intermediate forecasts cover from 3 months to 2 years. They are used to:
Plan day-to-day activities like scheduling, staffing, and inventory
Plan yearly budgets and capital expenditures
Plan for new buildings/facilities
Plan for new product development
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