Question: The example below explains about the demand forecast quantitatively (market share holding basis).Make your understanding about the problem and we will discuss in the coming

The example below explains about the demand forecast quantitatively (market share holding basis).Make your understanding about the problem and we will discuss in the coming class. EXAMPLE: The mobile(tel) industry is expected to grow by 20% for the coming year The market share of company A is 30 % and wants to achieve a position of 35 % in the coming year. The current sales of Company A is Nrs 35 Million and they are launching a new Product NPD9 for the next year. What should be the target sales for NPD9 if their existing product line grows at 25%?

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