Multiple Choice
Which of the following statements regarding the regression forecasting approach is false?
A) It can be used to develop sales forecasts and establish sales quotas at the account and territory levels, but cannot be used at higher organizational levels.
B) It develops sales forecasts that explicitly consider the characteristics of each territory.
C) Regression forecasts can be translated directly into sales quotas.
D) It incorporates measurements of specific environmental, organizational, and salesperson factors as well as sales for each territory in the previous year.
E) The regression model provides information concerning relationships between determinant factors and sales.
Correct Answer:

Verified
Correct Answer:
Verified
Q49: Most firms use multiple forecasting approaches and
Q50: Forecasts provide the basis for all of
Q51: A sales forecast is the best possible
Q52: Under-forecasting can result in lost sales and
Q53: The market factor method of sales forecasting
Q55: The selection of forecasting methods often represents
Q56: This forecasting method provides an opportunity to
Q57: This forecasting method is well suited to
Q58: This forecasting method allows for voicing of
Q59: The survey of buyer intentions method of