Which of the following is not a technique that can help entrepreneurs arrive at a realistic forecast of demand for their product or service?
A)Talk to customers
B)Interview prospective end-users and intermediaries
C)Prepare revenue forecasts
D)Apply the entrepreneur's knowledge and experience
E)Go into limited production

Question

Which of the following is not a technique that can help entrepreneurs arrive at a realistic forecast of demand for their product or service? ​
A)Talk to customers ​
B)Interview prospective end-users and intermediaries
C)Prepare revenue forecasts
D)Apply the entrepreneur's knowledge and experience
E)Go into limited production ​

Quizplus · Accepted Answer

Preparing revenue forecasts is a step that comes after estimating demand, not a technique for estimating it. Techniques for estimating demand include talking to customers, interviewing prospective users, applying knowledge and experience, and testing the market through limited production.

Which of the Following Is Not a Technique That Can