An internal forecast is based on ________
A) a buildup, or consensus, of sales forecasts through a firm's own sales channels, adjusted for additional factors such as production capabilities
B) the relationships between a firm's sales and certain economic indicators
C) the prediction of a firm's sales over a given period through surveys sent to financial analysts
D) developing the pro forma income statement to forecast sales and then express the various income statement items as percentage of projected sales
A
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The major purpose of the European Union (EU) is to turn member countries into
a. countries with the identical currency. b. a single marketplace for ideas, goods, and services. c. free trade agreements with the United States. d. fierce competitors.
Electronic shopping is a type of ________
A) direct selling B) network marketing C) multilevel selling D) corporate selling E) direct marketing