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Elden [556K]
3 years ago
8

When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, p

er capita income, or gross domestic product, they are engaging in
Business
1 answer:
Volgvan3 years ago
5 0

When marketing managers looks for a relationship between past sales and one or more independent variables, such as population, per capita income, or gross domestic product, they are engaging in regression analysis.

<u>Explanation:</u>

An effective mathematical formalism which enables one to analyze the interaction among two or more interest factors is understood as a regression analysis. While there are several forms of regression analysis, they all analyze the effect of one or more independent variables on a dependent variable at their source.

The linear association among two variables is defined using correlation. Regression is then used to match the best line and predict one variable based on another variable. Regression, then, represents the effect on the dependent variable of the unit shift in the independent variable.

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Totz Company produces jump ropes. Totz Company has the following sales projections for the upcoming year: First quarter budgeted
elena-14-01-66 [18.8K]

Answer:

Production budget 17,900

Explanation:

First, we will calculate the units requirement, that will be the sales for the quarter and the desired ending inventory:

sales of Q1 15,000

desired ending 20% of Q2 sales

20% x 35,000 = 7,000

Total requirement 22,000

Next we subtract the beginning inventory, because those units  are already produced, so it decrease our production needs

Total requirement 22,000

beginning inventory (4,100)

Production budget 17,900

7 0
4 years ago
An insurance contract promises to pay benefits based upon a future uncertainty such as death, or illness describes which feature
Mrac [35]
The feature of the insurance contract that is being described above is the aleatory contract. It is the type of contact where the individual that has been involved can't handle or control the event that could happen to him or her. It is a way of having uncertain events happening in the individual such as death or natural disasters that she or he could face.
8 0
3 years ago
A simple discount note results in
Nikolay [14]
A simple discount note results in i<span>nterest that are deducted in advance, this can just be simply called a discount. </span><span> It is usually being confused with markdown. </span><span>Discount is a deduction in the price of a product base on the purchase of the customer while markdown is a reduction of price based on inability to be sold. </span>
6 0
3 years ago
Read 2 more answers
Juan works for you in the Customer Service Department. He hates answering incoming customer calls and prefers to respond to cust
myrzilka [38]

Answer:

Accommodating Style

Explanation:

It is correct to say that the style of accommodation was chosen to deal with the conflict exposed in the question above. This style understands that a party agrees to meet a person's needs for the sake of the relationship.

Accommodation in conflict resolution can be effective when the final result will not be as impacted by what you want to accept, as in the case of the question, since the change in the roles of Juan and Shawna will not affect the final result.

5 0
3 years ago
The eleven southern New Jersey stores of Elder Dry Goods have been hurt in recent months by a large increase in shoplifting loss
Ronch [10]

Answer: loss control and retention

Explanation:

The options to the question are:

A. retention

B) loss control and retention

C) transfer through insurance

D) avoidance

Based on the information given in the question, management techniques would be most appropriate for this problem is the loss control and retention.

Loss control also referred to as risk reduction can be done through the prevention of loss by reducing the probability of risk, thereby minimizing the loss. This will be vital in this scenario as the shoplifting will reduce.

4 0
3 years ago
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