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Market potential/Sales forecasting

Authored by kathlea sebastian

Business

University

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Market potential/Sales forecasting
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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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