Answer:
Explanation:
Rightly ignored a sunk cost since he cannot recover the money back and it really does not have any effect on the decision in the future
Qualitative forecasting is based on the information that cannot be measured while quantitative forecasting relies on historical data.
<h3>What is forecasting?</h3>
It should be noted that forecasting uses historical data to predict future trends.
In this case, qualitative forecasting is based on the information that cannot be measured while quantitative forecasting relies on historical data.
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Answer:
business plan
Explanation:
A<u> business plan</u> is a written document that details the business idea, the target market and the business's competitive advantage, financial resources available for the business, and the qualification of the management.
Answer:
A Tying Contract
Explanation:
If a seller requires an intermediary to purchase a supplementary product to qualify to purchase the primary product the intermediary wishes to buy, it results in a tying contract. It is mostly treated as an illegal because it pushes intermediary organization to buy other products if they wishes to purchase the products which is actually needed to be purchased. Some companies make it compulsory for their intermediaries in doing so. For example, if you have to buy 10 packs of Lays, then you must be buying 5 extra boxes of Pepsi as well. It is being done because of the power and market share that company is enjoying in the market, so they take its advantage.