Asked by Jazzy Asberry on Jun 24, 2024
Verified
Which of the following are unlikely to influence the sales forecast?
A) Past sales levels
B) Past production levels
C) Economic trends
D) The pricing policy of the company
Economic Trends
Patterns of general economic activity, including growth rates, inflation, unemployment, and other key indicators.
Sales Forecast
An estimate of the future sales volume over a specific period, based on market research and sales trends.
Production Levels
The quantity of goods or services produced by a company during a specific period, influenced by demand, capacity, and resource availability.
- Acknowledge factors influencing sales forecasts and their implications.
Verified Answer
Learning Objectives
- Acknowledge factors influencing sales forecasts and their implications.
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