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QUESTION 1 At the micro level, the analyses look not at the market or the industry overall, but at individuals in that market or industry,

QUESTION 1

At the micro level, the analyses look not at the market or the industry overall, but at individuals in that market or industry, that is, ________ ________ ________ and companies themselves, respectively.

a.

specific target customers

b.

specific data analysis

c.

whole market specifications

d.

market dnvironmental conditions

QUESTION 8

  1. Statistical methods are not recommended for new product managers charged with forecasting sales for a new product because

a.

There is no history in their venture on which to base a statistical forecast

b.

These methods tend to not base their assumption of the future on the past

c.

It does not include a method to forecast impact on consumer demand of different combinations of attributes

d.

It is not based on what people actually do

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