Answer: TRUE
Explanation: Qualitative forecasting method are mostly based on survey polls, opinions of expert, etc.
While Quantitative deals with measurable numerical qualities, the qualitative deals with observation and opinions.
Qualitative forecasting method is a forecasting method that favours the intuitions and opinions of experts over numeric historic data. While the numeric data analysis will show that increase in production will lead to increase in sales for the coming year in a tobacco company , the experienced sales managers will let the company know that due to the recent law enforced by the government, there will be low sales in the following year. This will allow the company to either reduce their production rate or stay on the same production rate but not increase production.
Answer:
Inflation
Explanation:
A lender demands an interest rate in part to compensate for any expected inflation, so that the money that is repaid in the future will have at least as much buying power as the money that was originally loaned.
Answer:
How Checks and Balances Work The U.S. government exercises checks and balances through its three branches— the legislative, executive, and judicial branches. It operates as a constitutionally limited government and is bound to the principles and actions that are authorized by the federal—and corresponding state—constitution.
Explanation:
