Collective opinion method, Microeconomics

This is also known as sales force Opinion Method. In this method instead of consumers the opinion of the salesmen is sought. It is sometimes referred as the grassroots approach as it is a bottom up method that requires each sales person in the company to make an individual forecast for his or her particular sales territory. These individual forecasts are discussed and agreed with the sales manager. The composite of all forecasts then constitutes the sales forecast for the organization.

Posted Date: 3/30/2013 2:02:26 AM | Location : United States







Related Discussions:- Collective opinion method, Assignment Help, Ask Question on Collective opinion method, Get Answer, Expert's Help, Collective opinion method Discussions

Write discussion on Collective opinion method
Your posts are moderated
Related Questions
explain the difference between traditional theory and modern theory of cost

You estimate that the price elasticity of demand for one-acre plots in Lusaka is -1.5 and that income elasticity of demand is 5. Land owners intend to increase the price of a one-a

Given that TC=1000+10Q-0.9Q^2+0.04Q^3,,Find the rate of output Q that result in minimum Average variable cost

supply and demand

Is it possible for a firm to experience a technological change that would increase the marginal product of labor while leaving the average product of labor unchanged?

Five identical people live in a small town and can earn a living either by having cattle $100 or by becoming a singer. If one person competes their expected payment is 210, if two


The definition of a price maker is a "firm with some power to set the price because the demand curve for its output slopes downward", which in effect, means those firms with a down

Iso-quant: The dots in the above Figure denotes the various combinations of (L, K) that the producer can pick up from form to produce. Among these combinations, there can be t

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4