Sales Forecast Flashcards
(5 cards)
1
Q
What is a sales forecast
A
A projection of achievable sale revenue based on data analysis trends economic variables and competitor actions
2
Q
What is the purpose of a sale forecast
A
Helps businesses understand if they need more employees
Helps see if a business needs to increase their productive capacity need to do
3
Q
Factors affecting sales forecast.
A
Consumer trends
Economic variables
Competition
4
Q
What are the benefits of a sales forecast
A
5
Q
What are the drawbacks to a sales forecast
A
