Question $35$

$0\mathrm{.}5pts$

Focusing on past sales trends is problematic when attempting to assess the value of a strategy because....?

Acquiring accurate sales data is difficult due to departmental secrecy$.$

Sales data change daily thus making forecasting erratic.

It does not consider creative actions taken by managers or possible actions taken by competitors.

Trend analysis requires between $5$ and $10-$years$-$worth of data before reliable regression lines can be established.

Fluctuations in market discount rates across years render year$-$to$-$year sales comparisons meaningless.