Question

Sales forecasting by its nature is:

A. Precise.
B. Deterministic in nature.
C. Objective.
D. Somewhat subjective.
E. Mechanical.

Answer 1

Sales forecasting is d. somewhat subjective due to the various factors that can influence market conditions and consumer behavior.

Step-by-step explanation:

Sales forecasting by its nature can be considered d. somewhat subjective. While there are methods and techniques that can be employed to make sales forecasts more accurate, there is always a degree of subjectivity involved due to the ever-changing nature of market conditions and consumer behavior.

Sales forecasts rely on assumptions, historical data, and expert judgment, which can introduce some level of subjectivity.