
Market potential/Sales forecasting
Quiz
•
Business
•
University
•
Practice Problem
•
Hard
kathlea sebastian
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47 questions
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1.
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1 min • 1 pt
refers to the maximum sales
that a company can achieve in a specific market under ideal
conditions.
2.
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1 min • 1 pt
the process of
estimating future sales based on historical data, market trends,
and other relevant factors.
3.
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1 min • 1 pt
the maximum amount of sales that a
company can achieve in a specific market if it captures the
entire demand for its product or service.
4.
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1 min • 1 pt
It is a theoretical
concept that assumes perfect market conditions, including no
competition, no supply chain issues, and perfect consumer
knowledge of the product or service.
5.
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1 min • 1 pt
the process of estimating future sales based
on historical data, market trends, and other relevant factors.
6.
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1 min • 1 pt
It's a
critical component of business planning, as it helps businesses to
make informed decisions about production, inventory, staffing,
and budgeting.
7.
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1 min • 1 pt
This method involves analyzing past sales data
to identify trends and patterns that can be used to project future sales.
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