Question

58)Seasonal trends refer to:
Select one:
a. cyclical movements
b. consistent change over a long time
c. variation with in a year
d. random varriations​

Answer 1

Answer:

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Answer 2

Seasonal trends refer to variations within a year

• Seasonal trends are patterns of change that occur within a year, such as variations in the weather, consumer spending, or other elements that frequently repeat in a predictable cycle.
• This can involve seasonal variations in demand for particular goods or services, changes in precipitation or temperature, or changes in consumer behaviour.
• These trends can potentially have a big impact on organisations and industries, and they may be used to forecast and plan strategically.
• By being aware of and predicting these trends, businesses may better prepare for shifts in consumer demand.
• The firms may also look to stock their inventories appropriately, and modify their marketing and sales tactics to take advantage of possibilities.

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