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'What is the difference between sales forecast and sales quota?
Wiki User
∙ 16y ago
what is sales forecast
Wiki User
∙ 16y ago
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What is the different between sales forecast and sales plan?
Sales plan is prepared based on sales forecast which is from previous experiance or on based on market research or intuition, an estimate that how much sales will be required in future.
The key to current asset planning is the ability of management to forecast sales accurately and then match production schedules with the sales forecast?
true
The difference between revenue from sales and cost of goods sold?
Difference between revenue from sales and cost of goods sold is called "Gross profit".
Is there any difference between sales volume variance and Sales Quantity Variance?
Yes
Should the A G Refrigerators sales budget be lower higher or equal to the sales forecast and why?
If you have a stable market in which you operate, then you could forecast for the sales. Normally sales budget should not exceed the sales forecast. Exceeding the sales budget over the forecasted sales can help the firm invest more capital in marketing and promotions. The Sales forecast would be beneficial for the production department.
'What is the difference between sales forecast and sales plan?
Roughly, a Sales Plan is your strategie for achieving sales (purchases). A Sales forecast is an estimate at the beginning of a time period of how much one expects to sell.
Difference between sales plan and sales forecast?
A sales plan and a sales forecast are essentially the same, however the big difference is one is a set plan for the whole year. It is mostly used with larger corporations to single out units. A sales forecast is set at the store/branch level and is there to help with the changing situations (ie weather, natural disasters, and the such) A plan is what you are going to do and a forecast is what you think is going to happen. There should be a link between the two, but you may not have the capacity to make all that you could sell.
What is the difference between sales and production?
A forecast of Sales is calculating the amount of items you expect to sell over a certain period, whereas a Production forecast is calculating the amount of items you expect to produce over a certain period.
What are different types of sales quotas?
sales volume quota ,expense quota, profit quota, activity quota
What are the different types of sales quotas?
sales volume quota ,expense quota, profit quota, activity quota
What is the difference between sales and production forecasts?
A forecast of Sales is calculating the amount of items you expect to sell over a certain period, whereas a Production forecast is calculating the amount of items you expect to produce over a certain period.
Differentiate between sales quotas and sales territories?
Sales quotas refer to specific numerical targets that salespeople are expected to achieve within a given time frame, typically in terms of revenue or units sold. On the other hand, sales territories are geographical areas allocated to sales representatives for them to manage and conduct sales activities within. Sales territories help distribute workload and optimize customer coverage, while sales quotas set performance expectations for individual salespeople.
What is the different between sales forecast and sales plan?
Sales plan is prepared based on sales forecast which is from previous experiance or on based on market research or intuition, an estimate that how much sales will be required in future.
What are the different types of quotas?
sales volume quota ,expense quota, profit quota, activity quota
Relationship between market demand market potential and sales forecasting?
demand forecasting is crucial for sales forecast
Where can one get sales forecast software?
There are many places where one could obtain sales forecast software. One could check sites such as Sales Force for purchasing sales forecast software.
What is the difference in business intelligence from sales forecasting?
Sales forecasting is using business intelligence to develop a strategy for budgets. Business intelligence is the data used to get the sales forecast.
