Sales forecasting

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  • Created by: march_e
  • Created on: 22-05-17 08:39
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  • Sales Forecasting
    • process of estimating what your business’s sales are going to be in the future
    • Factors affecting sales forecasts
      • consumer trends
      • economic variables
      • actions of competitors
    • Difficulties
      • markets are unpredictable
      • risky bc its not accurate and bad decisions could be based on it
      • data that creates results could be poor

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