1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dafna1 [17]
3 years ago
12

(Forecast accuracy across horizons) You are a consultant to MedTrax, a large pharmaceutical company, which released a new ulcer

drug .3 months ago and is concerned about recovering research and development costs. Accordingly, MedTrax has approached yon for drug sales projections at 1- through 12-monthahead horizons, which it will use to guide potential sales force realignments. In briefing vou, MedTrax indicated that it expects your long-hori/on forecasts (e.g., 12-month-ahead) to be just as accurate as vour short-horizon forecasts (e.g., 1-month-ahead). Explain to MedTrax why that is not likely to be the case, even if you do the best forecasting job possible.
Business
1 answer:
Ne4ueva [31]3 years ago
4 0

It is impossible for long-term forecasts to be as accurate as short-term forecasts, because long-term forecasts are based on intuitive facts that may not happen.

Short-term forecasts are more accurate because they are based on how the financial market and trade are doing today, so it becomes easier to predict (through real data) the sales and revenues that a product will be able to produce in a few weeks. However, a country's market and economy situation can change in a matter of months, as these changes can be unpredictable, long-term forecasts are impaired and end up being less accurate.

We can see an example of this right now, through the economic crisis that is spreading all over the world, caused by the expansion of the coronavirus. This expansion was something completely premeditated and probably not considered in the companies' long-term forecasts.

You might be interested in
Leslie Halverson is considering investing in the stock market. She wants to be sure to be able to get her money back whenever sh
Lana71 [14]

Available Options are:

a) growth

b) yield

c) tax consequences

d) liquidity

Answer:

Option D. Liquidity

Explanation:

The reason is that Leslie is worried about having back its money that will be invested in the time of need. So she sure that the amount will be required in the coming future and that she wants to earn a small profit for the time being. So the money worries are also referred to as liquidity concerns.

3 0
3 years ago
Gillian reprimands an employee in front of his peers for speaking out of turn during a sales meeting. Which of the following typ
kykrilka [37]

Answer:

The correct answer is the option B: Negative reinforcement.

Explanation:

To begin with, in the field of behavioral psychology and business management the concept known as "Reinforcement" refers to the action or process of changing or keeping someone's behavior by the action of having an specific reaction that will be negative or positive accepted by the individual whose behavior we are looking to change or maintain. Therefore that the reinforcement is followed by a particular stimulus that the individual normally has when making the action that we want to change or keep.

The negative reinforcement refers to the process of producing a consequence with the purpose of avoiding or trying to stop certain stimulus so that the individual will stop that behavior in order to avoid the consequence.

8 0
3 years ago
The purpose of cascading the balanced scorecard throughout the organization is: _____________
frez [133]

Answer:

b. To ensure strict hierarchical control of the organization.

6 0
2 years ago
Suppose that Marie is buying bananas. She decides that she would like to purchase three bananas at the price of $0.25 per banana
navik [9.2K]

Answer:

Marginal thinking

Explanation:

The economic foundation of marginal thinking requires decision-makers to evaluate whether the benefit of one more unit of something is greater than its cost. And according to this principle, Marie´s benefits of the first three bananas is higher than its cost, but the fourth banana will provide less benefit than the third and this is less than it cost.

7 0
4 years ago
According to the video, which subjects are Human Resources Managers likely to study in college? Check all that apply. Business s
AfilCa [17]

ANSWER:

Human resources managers studies: Behavioral science, Communication, and Liberal

EXPLANATION: Human resource managers are the ones that helps the organization to identify the best personnel for a particular job task. They identify where a staff needs an improvement, and will recommend such training to the organization. They also sees that the organizational culture is maintained and respected by all personnel's in the firm.

These are the Major roles of a HRM in an organization. For a HRM to be able to perform this role, he/she must have been able to understand what Communication is all about, because it is through communication he/she can identify a personnel that will fit in perfectly to a job task.

Behavioral studies is a very vital course for a HRM, because the personnels behaviors are what constitutes to the culture of the organization, so the HRM must understand the behavior of a person, and determine if it will fit into the organizations culture.

The HRM should not be biased in reasoning, this is why he/she has to study liberal in college, so that he/she will be able to accept other people's opinions and behavior.

6 0
3 years ago
Read 2 more answers
Other questions:
  • During Year 1, Fox Co. introduced a new product carrying a two-year warranty against defects. The estimated warranty costs relat
    6·1 answer
  • Lopez computes its overhead rates using practical volume, which is 80,000 units. The actual results for the year are as follows:
    11·1 answer
  • Jhkhkjhkjhkjhkjhhjhkjhkjhkjhkhkjhkjhkjhjk
    5·1 answer
  • 3. How have you contributed to solving a challenge and to implementing change or reform?*(Be specific and include: what aspect/s
    10·1 answer
  • Hiya has a gross pay of $926.50 by how much will hiya's gross pay be reduced if she has the following deduction withheld from he
    12·1 answer
  • Well-conceived visions are ________ and ________ to a particular organization and they avoid generic, feel-good statements that
    10·1 answer
  • Using the following data, prepare a statement of revenues, expenditures, and changes in fund balance for the General Fund of Jas
    10·1 answer
  • Metro Corporation will spend $1 million for special manufacturing equipment. Shipping and installation charges will amount to $1
    11·1 answer
  • A fully global organization might set up a ________ with a foreign company to create a new, independent company that produces a
    11·1 answer
  • Given a constant rate of growth of real gdp, what would cause a fall in real gdp per capita?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!