Bundle: Foundations of Business, Loose-Leaf Version, 5th + MindTap Introduction to Business, 1 term (6 months) Printed Access Card
Bundle: Foundations of Business, Loose-Leaf Version, 5th + MindTap Introduction to Business, 1 term (6 months) Printed Access Card
5th Edition
ISBN: 9781337494809
Author: William M. Pride, Robert J. Hughes
Publisher: Cengage Learning
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Chapter 11.8, Problem 2CC
Summary Introduction

To determine: The methods businesses use to forecast sales.

Introduction: Sales forecasting is the procedure assessing future sales. Precise sales estimates empower organizations to settle on educated business decisions and anticipate shirt-term and long-term performances.

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What methods should a business/organization currently use to forecast sales?
What are the benefits of having sales forecast for the company?
what challenges may businesses face in accurate sales forecasting?
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