An entrepreneur is not willing to take risks in a business

Which of the following best describes the process of sales forecasting?

a. Generally speaking, the level of unfilled back orders and credit policies of the company in question can be ignored since these represent competitive responses. b. Econometric models cannot be used for sales forecasting because of their inherent complexity and limitations. c. Trend analysis cannot be used for sales forecasting because of seasonality effects. d. Sales forecasting works best with a simple visual plotting of past data on a graph. e. Multiple sales forecasting tools are typically used to generate such forecasts

Having a trained observer watch an employee perform a task and note the nature and frequency of activities is an example of which method of task identification?

A) Critical incident B) Time sampling C) Job inventory questionnaire D) Stimulus-response-feedback