Match the Term with Its Definition

question 76

Essay

Match the term with its definition.Not all terms will be used.
a.demographic variables
b.direct forecasting
c.focus strategy
d.indirect forecasting
e.intellectual property
f.market
g.market analysis
h.marketing mix
-A forecasting method in which sales is the estimated variable

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Definitions:

Collection Period

A financial metric that indicates the average number of days it takes a company to collect payments from its credit sales, essentially a detailed aspect of collection time with focus on receivables.

Accounts Receivable Balance

The accounts receivable balance is the total amount owed to a company by its customers for goods or services delivered on credit but not yet paid for.

Calendar Year

A one-year period that begins on January 1 and ends on December 31, used for general purposes including statutory reporting and personal timekeeping.

Sales Estimate

An approximate calculation or judgment of the amount of sales a company expects to achieve in a specific period.