Which of the following methods of sales forecasting is least dependent on historical data?
A)Test marketing.
B)Trend analysis.
C)Correlation analysis.
D)Direct derivation.
E)Analysis of past sales.

Question

Quizplus · Accepted Answer

Test marketing is the method of introducing a new product or service to a select group of potential customers in a specific market area and observing their reactions. This method is considered least dependent on historical data as it involves gathering actual data from a real-world setting rather than relying on past sales data.

Which of the Following Methods of Sales Forecasting Is Least