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dusya [7]
3 years ago
11

When decisions in forecasting are at a broader, higher level (as when introducing a new product line or concerning strategic pro

duct decisions such as new marketing areas), the term is generally used.
Business
1 answer:
Fofino [41]3 years ago
3 0

Answer:

executive judgment

Explanation:

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Going to college, getting married, and winning the lottery are all examples of
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What do of the terms “frequent, likely, occasional, seldom, and unlikely” describe in the risk assessment matrix?
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4 0
3 years ago
If 51 percent of all goods in the consumer price index (cpi) became more expensive and 49 percent became cheaper?
Vaselesa [24]

If 51 percent of all goods in the Consumer Price Index (CPI) became more expensive and 49 percent became cheaper then inflation or deflation could occur.

Inflation refers to an increase in the overall price level where goods becoming expensive. By calculating changes in a measure called the Consumer Price Index (CPI), the official inflation rate is tracked. Thus, the CPI tracks changes in the cost of living over time.

The CPI is the most commonly referenced index in the U.S. The economy is experiencing deflation when the change in prices in one period is lower than the next. This reveals that the CPI index has declined.

Hence, depending upon the changes in the economy, inflation or deflation could occur.

To learn more about Consumer Price Index (CPI) here:

brainly.com/question/8416975

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2 years ago
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