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nadya68 [22]
3 years ago
13

Assume that January sales for the fourth year turn out to be $295,000. What was your forecast error the models in parts 2, 3, an

d 4
Business
1 answer:
Anastasy [175]3 years ago
6 0

Answer:

4th year difference in forecast $120,000

Explanation:

The forecast is prediction of future cashflows of a business. The forecasts are rarely accurate as there are many uncontrollable factors such as demand, seasonal effect and government influence which are results of the deviation from the forecast cashflow. In the given scenario the management forecast that the January sales will be $295,000 but the actual sales are $120,000 only. The main reason for such big difference is government taxes that are imposed on seafood. The prices are increased therefore consumers have reduced their seafood consumption.

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Roseanna asked Henry, one of her team members, to purposefully think of and voice criticisms as the group discussed a popular id
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Answer:

Devil's advocacy.

Explanation:

Devil's advocacy is defined as a person who pretends in a discussion. He/she pretends to be against an idea or plan many people support so as to make people discuss it in more detail. Here Rosana uses devil's advocacy on Henry by telling him to criticize the group's discussion.

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3 years ago
Staying objective allows you to better assess the results of an action plan. Please select the best answer from the choices prov
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It is absolutely true that staying objective allows you to better assess the results of an action plan. The correct option among the two options that are given in the question is the first option. It is important to assess the results of an action plan because only then will a person be able to improvise the plan for a better result.
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3 years ago
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What are two current rising or resurgent powers that the video mentions that may be planning on changing the established interna
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The movie outlines two contemporary rising or resurgent nations which may be planning to alter the current international system China and Russia.

<h3>What exactly does International System mean?</h3>

In politics, the phrase "international system" can be used to describe: It is the world's conglomeration of states. The phrase can also be used to refer to pre-industrial international state systems. It is frequently used to describe twentieth-century international systems.

<h3>What distinguishes the International System?</h3>

The existing global system is marked by a diffusion of authority among various state and non-state actors, a change in the balance of regional and international powers, a relative waning of long-established Western nations and the emergence of new centers of power, growing significance of regional cooperation, and a return to the Cold War-era power structures.

to know more about International System visit:

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8 0
1 year ago
The federal funds rate is the interest rate that banks charge one another for short-term (typically overnight) loans. When the F
WARRIOR [948]

Answer: decreases

                                                                         

Explanation: The following practice is done by the central bank in the situation of inflation when there is an excess supply of money in the economy.

The central bank tries to decrease the funds by selling the govt bonds to the banks. This results in decrease in funds from banks as they have to buy such bonds from their respective funds.

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2 years ago
With respect to how economists study the economy, which of the following statements is most accurate? a) Economists study the pa
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Answer:

Option (c) is correct.

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Economists refers to the people who are doing research, analyzing data and measure the qualitative activities in terms of money.

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Once the data is ready to analyze then the economists run the data and interpret the results.

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