Answer: 3
Explanation:
Week 1:
Demand forecast = 50 - 49 = 1
Week 2:
Demand forecast = 54 - 51 = 3
Week 3:
Demand forecast = 58 - 57 = 1
Then, MAD = (1+3+1) / 3 = 5/3
Then, tracking signal will be:
= (1+3+1)/5/3
= 5 ÷ 5/3
= 5 × 3/5.
= 3
The tracking signal in week 3 is 3
Answer:
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Answer: d. The marketing concept focuses on customer needs, whereas the selling concept focuses on existing products.
Explanation:
A difference between the marketing concept and the selling concept is that the marketing concept focuses on customer needs, whereas the selling concept focuses on existing products.
A selling concept believes there must be adequate promotion and large scale selling for consumers to purchase a firm's products while according to Marketing concept,the need of the consumers has to be known and identified by the firms.