The Goal of Forecasting Is to Estimate the Stock Potential

question 31

True/False

The goal of forecasting is to estimate the stock potential ($SP).

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Definitions:

Reseller Branding

Strategy where a company sells products manufactured by others under its own brand name.

Private Branding

A strategy where products are produced by one company but are sold under another company's brand or label.

Wholesaler

A person or company that sells goods in large quantities to retailers, rather than to the end consumer.

Retailer

A business or entity that sells goods directly to consumers, acting as the final link in the distribution chain from manufacturers to end users.