Briefly describe the consumer market survey forecasting method

What will be an ideal response?

It is a forecasting method that solicits input from customers or potential customers regarding their future purchasing plans.

Business

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A retailer seeking to study store loyalty limited its sample to credit-card holders whose last name began with the letters A through G. The firm used a probability sample

Indicate whether the statement is true or false

Business

Nonprogrammed decisions can become programmed decisions if they ________

A) are important to the organization B) need to be made repeatedly C) are not adequately resolved the first time they occur D) exceed the limits of bounded rationality

Business