Question:What is the 'Fourt-Woodlock' model used to make predictions? 

A The sales breakdown of a product by different age groups 
B Product sales, based on the number of trial purchases converted into repeat purchases 
C Seasonal variation in demand for a product 
D Sales volumes at each stage of the product life-cycle 

+ Answer
B 

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Mohammad Towhidul Islam

Editor, VCampus

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