Question: Modeling net sales using the average annual growth rate is an example of using a bottom-up approach. True False An effective forecast model for a

Modeling net sales using the average annual growth rate is an

example of using a bottom-up approach. True False An effective forecast model

Modeling net sales using the average annual growth rate is an example of using a bottom-up approach. True False An effective forecast model for a company includes: (Choose all correct answers) Understanding of the company's key revenue drivers. Understanding of the company's strategic position in its industry. Influence of the company's suppliers. Understanding of the company's key cost drivers. Assessment of the company's management history, successes and failures. Influence of the company's competitors. Influence of the company's customers. Understanding of the likely impact of relevant trends, such as economic conditions. Understanding of the likely impact of relevant trends, such as technological developments. Influence of industry trends. Understanding of the company's key products

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