List and briefly discuss the five major roles that people play in the decision-making process
What will be an ideal response?
The major roles are initiator, influencer, decider, buyer, and user. The initiator is the person who first suggests or thinks of the idea of buying a particular product or service. The influencer is the person whose advice or view carries some weight in making a final purchasing decision. The decider is the person who ultimately makes a buying decision or part of it, such as whether to buy, what to buy, how to buy, or where to buy. The buyer is the person who makes the actual purchase. The user is the person who consumes or uses the product or service.
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What is a three-period moving average forecast for the month of July?
A rendering plant wishes to use the data (sales records from a few local businesses and the month of the year) to help determine their supply level for the coming months. The records shown in the table provide an excellent opportunity for you to assist them with their forecasting. Month Sales Pounds January 45 54.3 February 57 63.8 March 32 39.5 April 44 49.8 May 51 52.3 June 34 39.9 A) 47.33 B) 46.10 C) 45.38 D) 44.29
________ skills determine the ability to conceive information from data
A) Cognitive B) Abstract reasoning C) Symbolic thinking D) Experimentation