Relying on trend extension approaches for forecasting sales is a lot like going down a river in a canoe and steering the canoe
A) with help from radar equipment that detects obstacles before you get close to them.
B) only when you encounter a waterfall.
C) by looking backwards up the river.
D) based on a detailed map of the river someone else has drawn.
E) based on directions from others in the canoe who are looking ahead for rapids.

Question

Quizplus · Accepted Answer

Trend extension approaches rely on historical data to predict future sales, similar to steering a canoe by looking backwards, which may not account for future changes or obstacles.

Relying on Trend Extension Approaches for Forecasting Sales Is a Lot