Trend analysis includes all of the following steps EXCEPT
A)selecting a business factor.
B)soliciting expert opinions.
C)predicting employment needs.
D)plotting historical trends.

Question

Quizplus · Accepted Answer

Trend analysis involves analyzing historical data to predict future occurrences, such as employment needs or sales growth, by selecting a business factor and plotting historical trends. Soliciting expert opinions is not a step in trend analysis; it is more associated with qualitative forecasting methods like the Delphi technique.

Trend Analysis Includes All of the Following Steps EXCEPT