What method should Lil' Angels use to forecast sales in new regions?
A)Sales force survey
B)Time series analysis
C)Correlation method
D)Market test
E)Regression analysis

Question

Quizplus · Accepted Answer

The best method for forecasting sales in new regions is to conduct a market test. This involves introducing the product or service to a small section of the target market and monitoring sales. The results of the test can then be used to make projections for future sales in the region. Other methods, such as time series analysis or regression analysis, may not be as effective in predicting sales in a new market where there are few historical data points. Sales force surveys and correlation methods may also not yield accurate results, as they may be influenced by biased or incomplete information.

What Method Should Lil' Angels Use to Forecast Sales in New