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boyakko [2]
3 years ago
6

A toy manufacturer has excellent sales figures for its toys in country P but inadequate figures in the neighboring country R. In

country P, per capita consumption is known to increase at a predictable ratio as per capita gross domestic product (GDP) increases. If per capita GDP is known for country R, per capita demand for the toys can be estimated using the relationships established in country R. Which of the following methods of forecasting does this example illustrate?A.Linear regressionB.AnalogyC.Reference class forecastingD. Probabilistic forecastingE. Expert opinion
Business
1 answer:
cluponka [151]3 years ago
6 0

Answer: Analogy

Explanation:

The method of forecasting that this example illustrate is analogy. Forecast by analogy refers to the forecasting method which simply assumes that two different kinds of situations have identical models and therefore share the same model of behaviour.

This can be infered from the situations that once the per capita GDP is known for the country, the per capita demand for the toys can be estimated.

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Which of the following are attributes of California's legislative process for passing state budgets and controlling taxes?
scoray [572]

Answer:

- The state's constitution allows budgets to be passed with a simple majority vote in both the Assembly and the Senate.

- Taxes can only be cut with a two-thirds vote in the Assembly and the Senate.

Explanation:

California's legislative branch is composed of two main bodies, the State Assembly (similar to the House of Representatives) and the State Senate. The legislative branch has the power to enact state laws and make change to existing state laws.

The State Assembly has 80 members who serve for 2 years, while the State Senate has 40 members who serve for 4 years. .

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3 years ago
Effective _______ is when customers can seamlessly search for a fashion brand merchandise on their smartphones, order the mercha
laila [671]

Answer:

Omnichannel distribution

Explanation:

Omnichannel distribution from the Latin word "Omni" could mean every distribution.

Omnichannel distribution is a type of distribution that allows customers to make an order online through their phones and laptops and make purchases in a brick-and-motar store. It provides customers with various options of making purchases.

Omnichannel distribution enhances good customer relations and it provides customers with different Shopping experiences. It makes it easier for customers to make an order as well as make a complaint.

It is a method of distribution, promotion and marketing of goods to customers using various medium such as phone calls, emails, websites, mobile applications, brick-and-motar store.

3 0
3 years ago
Eric is an inventory manager at a garment manufacturing firm. How should he plan the ordering of inventory? A. He should order l
fiasKO [112]

Answer:

B

Explanation:

i just took the test and got it correct

3 0
3 years ago
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4vir4ik [10]

Answer:

Growth Stage

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The growth stage of the product life cycle is characterized by rapid market expansion as more and more customers, stimulated by mass advertising and word of mouth, make their first, second, and third purchases. In growth stage sales starts rising rapidly, average cost per customer, profits starts rising as well, early adopters buy products, competitors starts increasing in number. Main aim of any firm in this stage is to maximize market share. Brands need to offer product extension. Price needs to be set to penetrate the market.

8 0
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Brandon has presented the possible requirements for the next sprint. The development team has asked questions and has clarificat
Nezavi [6.7K]

Based on the information given the formal event in which this is dome is :Product backlog refinement.

<h3>What is product backlog refinement?</h3>

Product backlog refinement can be defined as the process in which the development team tend to understand a product as well as how the product should be prioritize.

Product backlog refinement is important as it help to increase efficiency when planning for the next sprint and it as well help the development team to have full understanding of what the outcome of the product will be.

Inconclusion  the formal event in which this is dome is :Product backlog refinement.

Learn more about Product backlog refinement here:brainly.com/question/4841869

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