In a recent meeting, a manager indicated that sales tend to be higher during October, November, and December and lower in the spring. In making this statement, she is indicating that sales for the company are cyclical.

Question

Quizplus · Accepted Answer

The manager is indicating that sales are seasonal, not cyclical. Seasonal variations occur at the same time each year, while cyclical variations are related to economic cycles and do not follow a fixed pattern.

In a Recent Meeting, a Manager Indicated That Sales Tend