Which sales forecasting technique is most appropriate for a new product?
A) Sales-force survey
B) Detailed statistical analysis
C) Simple trend analysis
D) Complex trend analysis

Question

Quizplus · Accepted Answer

Sales-force surveys are most appropriate for new products because they leverage the insights and expectations of the sales team, who are closely connected to the market and potential customers. This method is particularly useful when there's limited historical data, which is often the case with new products.

Which Sales Forecasting Technique Is Most Appropriate for a New