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Vladimir79 [104]
3 years ago
7

Lionel was visiting a potential customer to discuss a sale of desktop computers. The customer informed Lionel that the customer’

s company, Candle, has just announced that they plan to merge with another company and expand their business. Lionel saw this as an opportunity to sell desktop computers in bulk to Candle. What method of forecasting did Lionel probably use?
A.
time series analysis
B.
Delphi method
C.
group sales forecasting
D.
sales force estimation
Business
2 answers:
GenaCL600 [577]3 years ago
8 0
Lionel probably used answer C
Fynjy0 [20]3 years ago
5 0

Answer:

Sales Force Estimation?

Explanation:

Definition: The Sales Force Method is a sales forecasting technique that predicts future sales by analyzing the opinions of sales people as a group. Salespeople continually interact with customers, and from this interaction they usually develop a knack for predicting future sale

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Answer:

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4 0
2 years ago
Confronted with the same unit cost data, a monopolistic producer will charge Group of answer choices
dsp73

Answer:

a higher price and produce a smaller output than a competitive firm

Explanation:

A monpolistically competitive firm is a firm that :

1. Sells differentiated products from other firms in the industry.

2. Has many buyers and sellers

3. Is a price maker

4. Has no barrier to entry or exist of firms

An example of a monpolistically competitive firm is a resturant.

A competitive firm is a firm that:

1. Sells identical goods with other firms in the industry.

2. Is a price taker . Prices are set by forces of demand and supply

3. Has many buyers and sellers

4. There are no barriers to entry or exist of firms.

When a monopolistic and competition firm are faced with the same unit cost, a monopolistic firm would aim to earn profit by increasing its price and reducing the quantity produced.

While a perfect competition would sell at the price set by the forces of demand and supply. The firm can increase the quantity produced in order to increase revenue.

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