Inter-year variation in demand is BEST described as
A) Seasonality
B) Sales cyclicity
C) Supply variability
D) Profitability
E) Depreciation cost

Question

Quizplus · Accepted Answer

Sales cyclicity refers to the fluctuations in demand or sales that occur over longer periods, such as years, often due to economic cycles, changes in consumer preferences, or other external factors. This is distinct from seasonality, which typically occurs within a single year.

Inter-Year Variation in Demand Is BEST Described as