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Irina-Kira [14]
3 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]3 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]3 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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According to the quantity theory of money, a 5 percent increase in money growth increases inflation by ___ percent. According to
lina2011 [118]

Answer:

both blanks can be filled by <u>5%</u>

Explanation:

The quantity theory of money states that there is a proportional relationship between the money supply and the general level of prices. An increase in the money supply will increase the general level of prices in the same proportion (called inflation).

The Fisher equation measures the relationship between nominal and real interest rates. Real interest rate = nominal interest rate - inflation rate.

So if inflation increases, the nominal inflation rate will increase to keep the real interest rate the same.

8 0
3 years ago
Which is true about the workplace of Construction workers? It can change. It is never outdoors. It can be in an existing buildin
rosijanka [135]

Answer:

#1, It can change and #3, it can be in an existing building to repair or remodel

Explanation:

Construction is not at a desk.

6 0
3 years ago
Read 2 more answers
Dear Mr. Sanchez:
tiny-mole [99]

Answer and Explanation:

1. After discovering about the value of local group ethical leadership, year before. The students naturally experienced most of your work and gratefully asked for the chance for your existence to make a major impact on our next generation of leaders.

The first option is the better option as the next paragraph provides a meaning. The next paragraph starts with 'therefore' It appears to be relatable

2. Even before central message, it does not explain the reasons, and it has no reader advantages.

The meaning as a whole is fairly ambiguous and inconsistent. The reasoning isn't very powerful and there seems to be a lack of compassion.

3. Typically a claim or complaint response ends with a service provider 's expectation. The author must submit a reasonable request in this situation.

7 0
3 years ago
Almost certainly you have seen vending machines being serviced on your campus and elsewhere. On a predetermined schedule the ven
Nesterboy [21]

Answer:

Fixed Time Period Model

Explanation:

a fixed time period model ensures that level of inventory is checked regularly for all items. therefore from the question, if the vending company checks each machine and fills it with various product the inventory method is <u>Fixed Time Period Model</u><u>.</u>

3 0
3 years ago
Evaluate the advantages and disadvantages of horizontal, vertical and conglomerate mergers.
Mrac [35]

Some of the advantages are related to increased market share and product diversification, while the disadvantages are less flexibility and culture shock.

<h3 /><h3>What is an organizational merger?</h3>

Occurs in the legal merger of two or more companies with the aim of forming a new organization.

The horizontal merger occurs between two competitors, the vertical between a buyer and a seller, and the merger of conglomerates occurs in companies from different areas of activity.

Therefore, despite the advantages of increasing market value and positioning, the merger between companies can be a risky strategy if it is not established in a planned way.

Find out more about organizational merger here:

brainly.com/question/8126554

7 0
2 years ago
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