Overall, sales promotion tools, such as coupons, are used less frequently as consumer products companies increase budget allocations for media advertising

Which of the following statements is true about labor forecasting?

A) It is the last step in human resource planning. B) Labor forecasting is not useful for small and medium sized organizations. C) Statistical methods are not used in labor forecasting. D) Subjective judgments of experts have no place in labor forecasts. E) It involves determination of labor supply and demand.

Which of the following is a result of the protection of domestic companies from international competition?

A) Consumers need to pay lesser for products. B) There are increased incentives to cut production costs and improve quality. C) Companies become more reliant on protection. D) Protection increases a company's incentives to obtain the knowledge it needs to become more competitive.