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Irina-Kira [14]
2 years ago
8

Forecasting drives all of the key business functions. Among the following cases, select the cases that are the least suited for

the use of quantitative forecasting. (1). Demand of radically innovative new product (2). Supply of agricultural products (3). Demand of commodities (4). The rate of new product production
Business
2 answers:
Svetach [21]2 years ago
7 0

Answer:

(1). Demand of radically innovative new product

Explanation:

Forecasting refers to a decision making tool for planning and making estimates of future projections. This is usually achieved by relying on past events to determine future outcomes.

There are two forecast types, namely; judgment-based and quantitative.

The combination of the two types helps to get the best outcome as it aids to mitigate weaknesses.

Oksanka [162]2 years ago
3 0

Answer:

<u>1)Demand of radically innovative new product</u>

Explanation:

Remember <em>radically Innovative new products</em> are quality-focused so that consumers see value to be derived from them before making demands.

Therefore it best suited for qualitative forecasting rather than quantitative forecasting.

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When compared to married couple retirement households, single retirees have ________ household income.
sp2606 [1]

Answer:

a. less than half

Explanation:

Single retirees tend to have less than half of the household income as married couple retirement households. This is mainly due to the fact that married couples have two complete retirement incomes coming in every month. One for each individual in the relationship, many times one individual in the relationship is making much more in retirement than their spouse. Therefore, a single retiree would have less than half since they are alone and only getting one retirement check, so if they worked in the same field as the married couple they would still only be getting half of what the married couple make.

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3 years ago
Economist Bruce Kirchhoff contends that business failures are much lower than traditionally reported.
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The answer is true because it didn’t say that he did said that business failures are much lower than traditionally reported if you don’t mind can pls mark me as brainliest I hope this helps if I doesn’t then go on the website course hero
3 0
3 years ago
Please provide at least 3 similarities and 3 differences between insurance companies and depository institutions both in terms o
Galina-37 [17]

Answer:

Explanation:

I will be starting with the similarities first. 3 of the similarities both of them share are

1) They both have a financial leverage that is quite high

2) they both can be subjected to national oversight as regards to their balance sheet quality.

3) they both are institutions that accepts funds and also gives out funds to finance commercial firms

Moving on to the differences, differences that exists between both includes

1) Insurance companies can are invest in stock markets but depository institutions do not have that leverage.

2) Insurance companies do not have fixed composition of liabilities, while depository institutions have.

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3 0
3 years ago
An advertisement that informs people what a company is, what it can do, and where it is located is referred to as a(n competitiv
STatiana [176]
A competitive institutional advertising is a marketing strategy wherein a company describes itself and where is it located. It is an effective means of advertising because it creates a good image and has its unique philosophy that causes significant attraction to the consumers. 
4 0
3 years ago
If in the short run, firms in monopolistic competition _________, new firms will enter the market.
alukav5142 [94]

If in the short run, firms in monopolistic competition make an economic profit, new firms will enter the market.

A firm is a for-profit business organization—such as a company, limited liability company (LLC), or partnership—that provides skilled services. Most companies have only 1 location.

Companies during a monopolistic competition build economic profits within the short run, however within the long-standing time, they create zero economic profit. The latter is additionally a result of the liberty of entry and exit within the trade. Restaurants, hair salons, home items, and clothing are examples of industries with monopolistic competition.

To learn more about Firm here

brainly.com/question/15968468

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7 0
1 year ago
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