answersLogoWhite

0

the basic ojective to be defined, selecting a method of forecasting, collect information about the past sales and a reasonable conclusion and finanly to implement the decision.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What combination of techniques might IKEA apply when preparing sales forecasts for North America?

lan chupe


Components that go into the preparation of a sales budget Briefly describe the steps involved in the preparation of the same?

which components have to be considered when preparing a sales budget?


Name two external factors that can affect sales forecast?

Changes in consumer behavior and economic conditions are two external factors that can impact sales forecasts. For example, shifts in buying patterns or fluctuations in the economy can directly influence sales projections.


Factors needed to be considered before developing a sales budget?

for luc


Who prepare a sales budget?

sales manger is responsible for preparing the sales budget.


Why is it advisable to start with sales the production and capital expenditure forecast in the budgeting process?

Starting with sales forecasts in the budgeting process is advisable because it provides a foundation for estimating revenue, which is crucial for determining the financial feasibility of the budget. Additionally, sales forecasts can drive production forecasts, helping to align production capacity with expected demand. Capital expenditure forecasts should follow sales and production forecasts to ensure that investments are made strategically to support the anticipated sales and production levels. This sequential approach ensures that the budget is realistic and well-aligned with the overall business strategy.


What are your yearly sales at earth fare?

This is difficult to answer specifically, as sales are in decline. Forecasts do not show a pattern of change as of yet.


What does a sales atuomation software do?

Sales automation software is a program that automates business tasks such as sales processing, inventory control, and tracking of customer interactions and sales forecasts.


Data flow diagram for sales management?

The data flow diagram for sales management entails various steps in a sales cycle. This includes sales forecasts, sales orders, actual sales, revenue realized and so on.


What is an important factor considered by sales forecasters?

An important factor considered by sales forecasters is historical sales data, which helps in identifying trends and patterns to make accurate predictions about future sales. Other factors may include market research, economic conditions, competitor analysis, and seasonality.


What are four principles to follow that will result in great sales forecasts?

First principle for great sales forecasts: 'good forecasting requires a good sales strategy'. Second principle: 'good forecasting requires an understanding of your buyer's behavior'. Thirth principle: 'good forecasting requires a milestone driven pipeline process'. Fourth principle: 'good forecasting requires continual improvement'.


What are the Key factors of sales mix?

Mixed of sales