Why is sales forecasting important?
Question:
Why is sales forecasting important?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (15 reviews)
Measuring the sales potential of specific types of market segments helps an organization to make ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Foundations of Business
ISBN: 978-1337386920
6th edition
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Question Posted:
Students also viewed these Business questions
-
What is the most important variable in the percent-of-sales forecasting method? Explain why.
-
Why are forecasting and budgeting so important? What is the difference between the two?
-
Assume that you have recently been hired as Simmons's assistant and that your first major task is to help her develop the forecast. She has asked you to begin by answering the following set of...
-
Which one can be considered as the last stage in knowledge management system O A. Identifying O B. Disseminating O C. Capturing O D. Storing
-
In the context of the previous problem you want to lock in the forward rate for the period between the year one and year three. How can you do that by trading in the one-year and the three-year bond?
-
Pop Company acquired a 30 percent interest in Son on January 1 for $500,000 cash. Assume the cost of the investment equals the fair value of Son's net assets. Pop assigned the $125,000 excess of fair...
-
What does relevance mean in the context of discovery?
-
Refer to the Smith Valley Snow Park Lodge expansion project in S21-2. Requirement 1. What is the projects NPV? Is the investment attractive? Why?
-
need perfect answer please Jason purchased an old car for $1000. He spent $5200 rebuilding and auctioning it. A dealer states at auction Jason has a 60% chance of selling the car at $40,000; a 25%...
-
Erica and Bob participate in a friendly Hackathon that allows each to solve one question a day out of the three offered. There will be one easy, one medium and one hard question, with points awarded...
-
Why is developing a well-written marketing plan important?
-
What methods do businesses use to forecast sales?
-
In Virginia, in 2010, re-arrests occurred within one year for 46% of juveniles released from a correction center. Suppose there are two independent juveniles released. Assume that re-arrests are...
-
True or False. The matrix iteration method will never fail to converge to higher frequencies.
-
True or False. The fundamental frequency given by Durkerley's formula will always be larger than the exact value.
-
Distinguish between internal controls and internal controls over financial reporting, Under what circumstances does this distinction matter for auditors?
-
Name a few methods for finding the fundamental natural frequency of a multidegree-offreedom system.
-
True or False. The matrix iteration method requires the natural frequencies to be distinct and well separated.
-
Visit the Airbnb Web site (http://www.airbnb.com) and search for an accommodation for yourself. Describe the legal and risk issues you saw addressed during the process, and those that would be of...
-
CRUZ, INC. Comparative Balance Sheets December 31, 2015 CRUZ, INC. Income Statement For Year Ended December 31, 2015 Required Use the indirect method to prepare the cash provided or used from...
-
Explain why you should manage your personal finances.
-
Financial managers are responsible for determining the best way to raise funds at the lowest possible cost, for ensuring that the funds are used to accomplish their firms goals and objectives, and...
-
Suppose that for the past three years you have been repairing lawn mowers in your garage. Your business has grown steadily and you recently hired two part-time workers. Your garage is no longer...
-
Sumitomo Heavy Industries Ltd . desires to buy a new crane and accessories to help move and install modular buildings. The machine sells for $ 1 0 0 , 0 0 0 and requires working capital of $ 2 0 , 1...
-
In Mr. Martins math class there are 15 students out of which four will be selected to receive a special award. How many combinations of students can be selected
-
Accounting for Shares Later Waterport sold an additional 16,300 shares and purchased 3,100 more treasury shares. Required: Determine the number of issued and outstanding shares.
Study smarter with the SolutionInn App