The profit margin for that product is -5%.
The profitability of your company is determined by your profit margin. It evaluates how much of each dollar in sales or services your company retains from its profits and is stated as a percentage. When the net income of the business is divided by the net sales or revenue, the result is the profit margin. Ken Wentworth of Wentworth Financial Partners said, "Profit margin is important because simply put, it shows how much of every revenue dollar is flowing to the bottom line." "It can instantly identify pricing issues.
When your manufacturing expenses exceed your entire revenue for a certain time period, you have a negative profit margin. This indicates that your business model is not sustainable because you are losing money rather than making it.
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Herald company had sales of $137,000, sales discounts of $2,050, and sales returns of $3,290. Herald company's net sales equals?
Herald company had sales of $137,000, sales discounts of $2,050, and sales returns of $3,290. Herald company's net sales equals
135000 - 2000 - 3200 = $129800
The total of a company's net sales is its gross sales less any returns, allowances, and discounts. Externally, net sales calculations are not always obvious. They can often be considered into the reporting of top line revenues reported on the income statement.
Companies can not be very open with the public about their net sales. Because of the various factors that go into its calculation, net sales could not apply to every business and industry. Gross revenue less any relevant sales returns, allowances, and discounts results in net sales.
Gross profit and gross profit margin will be impacted by costs related to net sales, however net sales do not take into account cost of goods sold, which is typically the main factor influencing gross profit margins.
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What happens when theres a technological improvement and the demand for the output is perfectly inelastic?
When there's a technological improvement and the demand for the output is perfectly inelastic:
Demand for labor and capital decreases
What Is Inelasticity?Inelastic is a phrase used in economics to describe an item or service's static quantity when its price varies. When a product's price increases or decreases, consumers' purchasing patterns remain relatively stable, which is referred to as being inelastic.
What Is perfectly Inelastic?When demand is completely inelastic, prices or quantities are fixed and unaffected by the other variable. When the quantity sought changes proportionately to a change in price, this is known as unitary demand.
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The terms of an invoice are 3/10, n/25. this means that a ________ of the invoice date.
The terms of an invoice are 3/10, n/25 this means that a discount of 3% is allowed if the invoice is paid within 10 days of the invoice date.
3/10, n/25 this means that a 10% cash discount is available if the invoice is paid within 10 days, pay the net price if covered within 25 days of the invoice date. Discounts are reductions of the normal fee of a product or service with the purpose to obtain or growing income.
Trade discount refers to the deduction given by using the supplier to the purchaser within the catalog price of the goods. Cash discount implies the allowance granted to the clients by means of the supplier on the billing fee, for immediate payment.
A cash discount also referred to as a purchase cut price or income discount, is a reduction in the purchase fee of an excellent because of an early cash charge. In different words, the seller of products is inclined to lessen the fee of the goods if the purchaser is inclined to pay for the coolest in advance.
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A company's human resources (hr) department wants to find out what proportion of the company's 1,500 employees regularly visit the in-office recreational room. throughout a week, hr assistants randomly handed out surveys to employees as they entered the office building every day, until 400 different employees confirmed or denied they visited the recreational room on a regular basis. the survey found that over 30% of the employees who completed the survey visit the recreational room on a regular basis. which assumption can be made regarding the proportion of all the employees who visit the recreational room on a regular basis?
The assumption which can be made regarding the proportion of all the employees who visit the recreational room on a regular basis is option B. The approximate proportion of all employees who visit the recreational room will be similar to the sample proportion because the sample accurately represents the population.
What is a recreational room?A recreation room (also known as a rec room, rumpus room, play room, playroom, games room, or ruckus room) is a room used for a variety of purposes, such as parties, games and other everyday or casual activities.
Therefore, the correct answer is as given above
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The complete question goes thus:
A company's human resources (hr) department wants to find out what proportion of the company's 1,500 employees regularly visit the in-office recreational room. throughout a week, hr assistants randomly handed out surveys to employees as they entered the office building every day, until 400 different employees confirmed or denied they visited the recreational room on a regular basis. the survey found that over 30% of the employees who completed the survey visit the recreational room on a regular basis. which assumption can be made regarding the proportion of all the employees who visit the recreational room on a regular basis?
А. No assumptions can be made about the approximate proportion of all employees who visit the recreational room because the sample is blased.
B. The approximate proportion of all employees who visit the recreational room will be similar to the sample proportion because the sample accurately represents the population.
C. The approximate proportion of all employees who visit the recreational room will be greater than the sample proportion because it is a larger group of employees.
D. No assumptions can be made about the approximate proportion of all employees who visit the recreational-room because the sample size is too small.
The stocks of well-known, high quality firms, such as coca-cola, ge and procter & gamble are called ______ stocks.
The answer is blue chip stocks.
Blue chip stocks are the shares of highly large and well-known corporations having a lengthy track record of profitable financial performance. These stocks are noted for their ability to withstand difficult market situations while providing strong returns in favorable market conditions.
In 1923, Dow Jones employee Oliver Gingold invented the nickname "Blue Chip." This word became popular after Gingold witnessed many stocks trading at $200 or more per share while standing near the stock ticker at a brokerage business. He referred to them as "Blue Chip Stocks" and published an essay on them.
Therefore, they are called blue chip stocks.
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Lower-level managers are empowered to make decisions in a ______ organization, which can ________ motivation and job satisfaction.
Lower-level managers are authorized to make decisions in a decentralized organization, which can enhance motivation and job satisfaction.
Decentralized organizational structureA company with a decentralized organizational structure is one where mid- and lower-level managers make decisions, rather than the senior administration team. Sometimes the employees themselves are even concerned in the decision-making process.
It eradicates the bureaucracy that interfere rapid response to strategy implementation in large corporations. As a result, decision making authority be presented to on-site managers making them more reliable and be capable of making timely, informed intelligent decisions.
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The concepts and tools used to measure the performance of people and departments are known:_____.
The concepts and tools used to measure the performance of people and departments are known : Responsibility accounting.
What is Responsibility Accounting ?
Responsibility accounting is defined as a system that collects, summarizes, and compositions accounting collections concerning the obligations of individual managers.
A responsibility accounting report comprises those receipts controlled over by the responsible manager. It also includes all the budgets of responsibility accounting that made for all department and make the summary in one receipt only.
When both controllable and uncontrollable items are included in the report, accountants should distinctly divide the collections.
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The united states economy is experiencing high inflation and real gdp is greater than potential gdp. Describe the actions taken by the fed to restore full employment.
Sale ; higher.
The result will be a decrease in the money supply and unemployment.
Money supply:
The entire amount of money in circulation in the economy at any given time is referred to as the money supply. The amount of money in circulation and demand deposits are typically considered standard measures of money. These are statistics that are typically compiled and released by the national government or central bank. In terms of consumerism, supply and demand also depend on the availability of money.
When the New York Fed sells assets on the open market to reduce the amount of money in circulation, the money supply curve shifts to the left, the interest rate rises, the demand for investments declines, and the AD curve shifts to the left. In the end, the inflation rate falls at the expense of a reduced RGDP.Real GDP exceeding potential GDP indicates that the economy is producing more than it can sustainably produce and that aggregate demand is greater than aggregate supply. Price hikes and inflation are expected to follow in this situation.Employment in full GDP is the fictitious GDP level that an economy would reach if it reported full employment, i.e., it is the level of GDP that would result in zero unemployment.In the given question, the requirement is to reduce real GDP and thus reduce unemployment.
Hence, the government will use contractionary policy to reduce unemployment.
Thus, the Fed will conduct an open market sale to hit the new higher federal funds rate target.
Sale ; higher
Reason: The result will be a decrease in the money supply and unemployment.
The currency base shrinks. Money is less plentiful, and interest rates are rising.
The supply of loanable funds decreases, and long-term interest rate rises.
decreases ; rises
Reason: Savings will decline due to a declining money supply, which will also cause a decline in the amount of cash available for loans, raising interest rates.
decreases ; decreases
Investment will decline as interest rates rise and thus [tex]$\mathrm{AD}$[/tex] will also reduce since investment is a component of [tex]$\mathrm{AD}$[/tex]
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A(n) _____ is a carefully crafted document that reflects the performance specifications of the project deliverables.
A(n) _____ is a carefully crafted document that reflects the performance specifications of the project deliverables .A project scope.
What is the project scope?
Project scope is the part of project planning that involves determining and documenting a list of specific project goals, deliverables, tasks, costs and deadlines. The documentation of a project's scope is called a scope statement or terms of reference.
Project scope importance:
Project scope is a part of the project planning process that documents specific goals, deliverables, features, and budgets. The scope document details the list of activities for the successful completion of the project. The scope is defined by understanding the project requirements and the client's expectations.
.What should a project scope include?
Project scope is a detailed outline of all aspects of a project, including all related activities, resources, timelines, and deliverables, as well as the project's boundaries.
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With respect to the development of scientific management, frederick taylor’s objective was to?
With respect to the development of scientific management, Frederick Taylor's objective was to increase productivity at work
This is further explained below.
What is scientific management?Generally, the administration of a company, industry, or economy based on efficiency principles obtained from trials in techniques of labor and production, particularly time-and-motion studies.
In conclusion, In terms of the development of scientific management, Frederick Taylor's goal was to raise worker productivity, and he aimed to do so in a number of ways.
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Describe questions that organizations must ask and steps they must take in change management processes.
Organizational change management that drives continuous change at speed and scale. Our change management services help you focus on doing the right things towards your goals. change education. embedded changes. The future of labor research. leadership training.
Change management typically has six components. leadership alignment, stakeholder engagement, communication, change impact and preparedness, training, and organizational design.
Organizational Change Management (OCM) is a framework for managing the impact of new business processes, organizational structural changes, or cultural changes within an organization. Simply put, OCM addresses the human side of change management.
Organizational transformation is a three-step process. Move - the transition from the old way of working to the new way of working. Refreeze – establish a new system in the way things are done.
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If the price elasticity of demand for a product is 2. 5, then a price cut from $2. 00 to $1. 60 will:_______
Increase the quantity demanded by about 25 percent.
What is the short definition of price elasticity?Price elasticity in business and economics refers to how much people, consumers, or producers alter their demand or the quantity supplied in reaction to changes in price or income. It is mostly used to evaluate how consumer demand has changed as a result of a price change for a good or service.What are some examples of price elasticity of demand?When a price increase results in a greater percentage reduction in demand, we say a good is price elastic. For instance, if price increases 20% and demand declines 50%, the PED equals -2.5. One illustration is Heinz soup. Heinz soup options are plenty today.learn more about price elasticity of demand here
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Manufacturers can show that a device to be marketed is substantially equivalent to a marketed product that was on the market prior to 28 may 1976, by submitting a?
Manufacturers can show that a device to be marketed is substantially equivalent to a marketed product that was on the market prior to 28 may 1976, by submitting a Premarket Notification.
Device manufacturers who are required to register are required by Section 510(k) of the Food, Drug and Cosmetic Act to give FDA at least 90 days' notice of their intention to commercialize a medical device.
Premarket Notification, often known as PMN or 510, is what this is (k). This enables FDA to decide whether the device is comparable to a device that has already been classified into one of the three categories.
Thus, "new" devices that weren't classified and weren't in commercial distribution before May 28, 1976, can be appropriately identified.
Manufacturers of medical devices must file a premarket notification, specifically, if they plan to release a new device into commercial distribution or rerelease an older product with significant changes.
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The role of the Product Owner is most closely aligned with which Agile Manifesto principle?
The role of the Product Owner is most closely aligned with - The highest priority is to satisfy the customer through early and continuous delivery of valuable software Agile Manifesto Principle.
The authors of the Agile Manifesto think that software engineers should use four core values and 12 guiding principles to direct their work.
It was created by 17 developers during a gathering from February 11–13, 2001, at The Lodge at Snowbird ski resort in Utah, and was formally known as the Manifesto for Agile Software Development.
The developers also indicate a wish to strike a balance between traditional methods of creation and cutting-edge alternatives. They acknowledge that they do accept modelling and documentation, but only when there is a distinct, advantageous benefit.
The creators go on to say that while preparation is crucial, it is also critical to acknowledge that plans might change and to give yourself room for alterations.
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Describe wage determination in a labor market in which workers are unorganized and many firms actively compete for the services of labor. the labor supply curve of the individual firm is:___.
The market for labor can be divided into two components, labor demand , and labor supply .
Market labor supply curves are determined more by the number of individuals who choose to supply their labor to that market than the number of hours each supplies.
So at higher wage rates relative to other markets, more people choose to supply labor in that particular market and the curve is always up-sloping.
In perfectly competitive labor and product markets, labor supply curves always measure marginal opportunity costs. The shorter the time period will be and the more specialized the type of labor will be , the less elastic the labor supply curve will be.
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What is the expression for the value of a levered firm in the presence of corporate taxes?
The calculation of a leveraged company's worth in the context of corporate taxes
Value of Leveraged Firm = Value of Unlevered Firm + Tax Benefit of Debt.
What is Leveraged Firm ?Leveraged firm (plural: Leveraged firms) (UK, business, finance) a business that uses loans to finance its activities.
What is corporate tax ?A corporate tax, often known as a corporation tax or company tax, is a type of direct tax levied against the profits or assets of corporations or other similar types of legal entities. Such taxes are common in many nations, and they might even be imposed at the state or local levels.
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A home sells for $150,000 and has a mortgage loan balance of $100,000 at closing. if the commission is 5 nd other closing costs are $6,000. What is the seller’s net?
A home sells for $150,000
The loan balance of $100,000
If the commission is 5 nd other closing costs are $6,000.
The seller’s net would be $36,500
A loan is a loan of money by one or more individuals, entities, or other entities to another individual, entity, etc. Repayment amount of the principal borrowed.
A loan is a type of debt owed by an individual or other legal entity. A lender (usually a corporation, financial institution, or government) makes an advance payment to a borrower. In return, the borrower agrees to certain terms, including funding costs, interest, repayment dates, and other terms.
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An increase in the expected inflation rate, other things remaining the same?
An increase in the expected inflation rate shifts the short-run Phillips curve upward.
Inflation is the rate of increase in prices over a period of time. Inflation is usually a broad measure, such as a general rise in prices or an increase in the cost of living in a country.
US annual inflation accelerated to 9.1% in June 2022, from 8.6% in May to his highest since November 1981, beating market expectations of 8.8%.
Although high inflation is generally viewed as detrimental, some economists believe low inflation could boost economic growth. The opposite of inflation is deflation, where prices tend to fall. The Federal Reserve is targeting 2% inflation based on the Consumer Price Index (CPI).
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Suppose banks decide to hold more excess reserves relative to deposits. Other things the same, this action will cause the money supply to?
Suppose banks decide to hold more excess reserves relative to deposits. Other things the same, this action will cause the: b. money supply to fall. To reduce the impact of this the Fed could buy Treasury bonds.
What is excess reserve?Excess reserve can be defined as the excess money set aside by banks or financial institutions and most of this banks tend to receives interest on the excess reserve they set aside.
Holding excess reserve relative to deposit can tend to cause money supply which is the amount of money in circulation to fall and to decrease the impact of it the Fed could buy Treasury bonds.
Therefore the correct option is B.
The missing options are:
a. money supply to fall. To reduce the impact of this the Fed could sell Treasury bonds.
b. money supply to fall. To reduce the impact of this the Fed could buy Treasury bonds.
c. money supply to rise. To reduce the impact of this the Fed could sell Treasury bonds.
d. money supply to rise. To reduce the impact of this the Fed could buy Treasury bonds.
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Why do managers, who have been promoted from the flight line, have such a difficult time performing in their new management role?
The managers, who have been promoted from the flight line, have such a difficult time performing in their new management role because "early in their careers, new aviation managers concentrated on honing their piloting abilities."
Who is aviation manager?The division in charge of planning operations at such an airport, airline, or other aviation-related businesses is known as aviation management. Customers service, aviation maintenance, flight logistics, and airline marketing are just a few of the specialties of industry experts.
Some roles of aviation manager are-
ensuring that the business operates safely and effectively ensuring that the flight schedules are followedmonitoring inspection schedules and operations, keeping records of aircraft maintenancemonitoring and verifying compliance with legal and statutory requirementshiring and firing personnel helping the repair and maintenance team with flight preparation going through and evaluating aircraft accident reportskeeping abreast with the newest aviation regulations, rules, standards, and lawscoordinating closely with emergency crews to keep an eye on the weather and foresee any problems with aviation operationsidentifying issues with airline or airport servicesidentifying areas for improvement and creating a plan of action to improve efficiencyTo know more about aviation administration, here
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What is a type of agreement that allows a foreign firm to market and sell a u.s. company products in a foreign country?
An international licensing agreement allows foreign firms, either exclusively or non-exclusively, to manufacture a proprietor's product for a fixed term in a specific market.
What is an international trade agreement?
International trade between two or more countries is governed by trade agreements. An agreement may cover all imports and exports, a specific class of items, or only one. Approximately 320 trade agreements between the United States and several countries are currently active.
What is the purpose of international trade agreement?
The major objectives of trade agreements for the United States are to lower export barriers, safeguard American interests that compete abroad, and strengthen the rule of law in the FTA partner nation or countries. The US now has 14 Free Trade Agreements (FTAs) with 20 nations.
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Describe the two major obligations incurred by a company when bonds are issued.
When the raising capital for your company, issuing bonds offers two major advantages over the selling stock. There aren't any shareholders to answer to or who could affect how much of the company you own. However, you assume a new set of responsibilities when your private company issues bonds.
One or two times every year, the majority of bondholders receive their interest payments. The size of the payment they get depends on the interest rate of the bond. A privately held company frequently offers bonds issued by that company at a higher interest rate in order to the entice investors.
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The ____ the existing spot price relative to the strike price, the ____ valuable a call option will be:
a. higher; less
b. lower; less
c. lower; more
d. higher; more
The higher the existing spot price relative to the strike price, the less
valuable the call options will be.
A strike price is a set price at which a derivative contract can be bought or sold when it is exercised. For call options, the strike price is where the security can be bought by the option holder; for put options, the strike price is the price at which the security can be sold. The strike price is also known as the exercise price.
The strike price is the price at which a derivative contract can be bought or sold. The value of a derivative is based on its underlying asset. The strike price, also known as the exercise price, is the key determinant of option value.
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Key inputs to the verification process include?
The purpose of verification, as a normal motion, is to become aware of the faults/defects introduced at the time of any transformation of inputs into outputs.
Verification is a pleasant manage technique that determines if a machine meets its gadget-stage necessities. Inspection and demonstration is the principle testing technique used in Verification.
The Verification procedure offers the evidence that the gadget or machine detail plays its meant capabilities and meets all performance requirements listed inside the machine overall performance specification and functional and allotted baselines.
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Which techniques improve economies of scale? select all that apply. select all that apply:
techniques to improve economies of scale are -
A cost that has inputs that increase or decreases is referred to as variable cost.The variable cost includes raw materials as inputs and it Increases or decreases with the production volume.Unlike fixed cost, it does not remain fixed but rather responds to the changes in a firm's production levelEconomies of scale occurs when a firm is able to increase production by decreasing the average cost involved to produce a product.Economies of scale refer to the phenomenon in which the average cost per unit of output decreases as the size or scale of the output produced by a firm increases.
In microeconomics, economies of scale are the cost advantages that firms derive from their scale of operations, usually measured in terms of output per unit of time. Reduced cost per unit of output enables greater scale
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Sam’s experience is that hard work today leads to a bigger paycheck. Reinforcement theory suggests he feels encouraged to?
is this the answer given to this problem Keep an even pace at work.
Not work as hard.
Work harder.
Sam’s experience is that hard work today leads to a bigger paycheck. The reinforcement theory suggests he feels encouraged to Keep an even pace at work, not work as hard, and Work harder.
What is Reinforcement Theory?
A psychological theory called reinforcement theory contends that actions have consequences and that reinforcement, punishment, and extinction are all effective ways to alter behavior.
Modern concepts concerning reinforcement theory were greatly influenced by behavioral psychologist B.F. Skinner.
By rewarding a behavior, positive reinforcement aims to make that behavior more frequent. For instance, if a worker spots a lucrative new market opportunity, her employer can reward her with a bonus. The desired behavior will be positively reinforced by this.
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What is an example of your experience with cultural,racial and or economic diversity?
Answer:
One of the best examples that i can think of is the BLM protests.
In the height of the pandemic in 2020, there was an uproar following the mud3r of George Floyd and MANY more other Black people. So when people took to the streets to protest against police brutality, we saw all sorts of cultural and racial diversity protesting for the rights of our black brothers and sisters.
Explanation:
A movement along the phillips curve shows that the unemployment rate and inflation rate are.
A movement along the Philips curve shows that the unemployment rate and inflation rate are inversely related
What is the relationship between inflation and unemployment shown by the Phillips curve?According to the Phillips curve, there is an inverse link between unemployment and inflation. Lower unemployment is linked to higher inflation, and the opposite is true. In the 20th century, the Phillips curve served as a conceptual framework for macroeconomic policy, but the stagflation of the 1970s called into question its validity.
What does the Phillips curve graph show?A graphic depiction of the economic link between the rate of unemployment (or the rate of change in unemployment) and the rate of change in money earnings is the Phillips curve. Named after economist A. William Phillips, it suggests that when unemployment is low, salaries tend to increase more quickly.
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Which type of jobs provides reference points to judge against other jobs within a company?
Benchmark jobs type of jobs provides reference points to judge against other jobs within a company.
A benchmark job has a set of responsibilities that are uniform across organizations and for which data from reliable and credible salary surveys is available.
To choose a benchmark job, data acquired from pertinent wage surveys are used to establish the median compensation rate for the position. The position is "slotted" into the compensation grade using the grade midpoint that is the closest to the median income reported in the surveys.
A job that is common in many different industries is referred to be a salary benchmark job. Accountant, for instance, is a benchmark position. The job title may be Bookkeeper or Financial Planner depending on the company.
However, if these positions have identical job descriptions, they would all fall under the benchmark job of Accountant.
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A qualitative forecasting method which utilizes structured questionnaires submitted to potential customers soliciting opinions about potential products to estimate likely demand is.
A qualitative forecasting method that employs structured questionnaires presented to potential customers soliciting opinions about potential products to assess likely demand is build-up forecasting.
What is Qualitative Forecasting?
Qualitative forecasting is an analysis methodology that uses expert judgment, rather than numerical analysis. This type of forecasting depends upon the knowledge of highly experienced employees and advisors to provide insights into future outcomes.
What is quantitative and qualitative forecasting?
Qualitative forecasting is founded on information that can't be measured. It's especially crucial when a company's just starting out, since there's a lack of past (historical) data. Quantitative forecasting depends on historical data that can be measured and controlled.
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