Question 15
EasyOriginal questionA two-wheeler maker studies its monthly sales from 2010 to 2025. It notes four features: sales jump every October and November in the festival season; over the fifteen years they climb steadily as incomes rise; they sag for two or three years at a stretch when the wider economy slows, then recover; and they collapsed in April 2020 when a nationwide lockdown shut its showrooms.
Which component is the two-wheeler maker's steady climb over the fifteen years?
Show the answer and explanation
CorrectNot quiteAnswer D
Correct answer: D
Explanation
It is the general direction over a long period.
That is the secular trend.
Worth noting
A cyclical movement rises and falls; this rise keeps going.
- Concept
- Secular trend
- Typical timeTypical
- 90 s
- Your timeYours
- —
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