HoneyDew, a well-known confectionery, plans to introduce a walnut fudge candy. It asks some of its regular customers to sample the candy and offer their opinions. This way the management hopes to estimate the likely number of buyers for the product, if introduced in its store. Which of the following techniques did HoneyDew use to forecast sales?
A. Observation
B. Statistical technique
C. Survey
D. Analogy
Answer:C
HoneyDew, a well-known confectionery, plans to introduce a walnut fudge candy. It asks some of its regular customers to sample the candy and offer their opinions. This way the management hopes to estimate the likely number of buyers for the product, if introduced in its store. Which of the following techniques did HoneyDew use to forecast sales?
A. Observation B. Statistical technique C. Survey D. Analogy