Practice mode / Collecting Information and Forecasting Demand In the graph of market demand function, the different companies marketing expenditures are shown on the? A Option A: horizontal axis B Option B: vertical axis C Option C: market equilibrium point D Option D: Company’s equilibrium point Correct answer A. horizontal axis Show answer
Question 01 / Collecting Information and Forecasting Demand The market forecast shows the market demand which is? A Option A: expected B Option B: maximum C Option C: minimum D Option D: None of above Correct answer A. expected Show answer Open question
Question 02 / Collecting Information and Forecasting Demand The ‘sales information systems’ and ‘customer data bases’ are the part of company’s? A Option A: external record B Option B: private record C Option C: public record D Option D: internal record Correct answer D. internal record Show answer Open question
Question 03 / Collecting Information and Forecasting Demand The potential number of buyers multiply average quantity show the? A Option A: total demand potential B Option B: current demand C Option C: total market potential D Option D: total production potential Correct answer C. total market potential Show answer Open question
Question 04 / Collecting Information and Forecasting Demand The budget which is set slight lower than the sales forecast is classified as? A Option A: raw material budgeting B Option B: product budgeting C Option C: sales budget D Option D: quota system Correct answer C. sales budget Show answer Open question
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