Which of the Following Is Done to Improve the Reliability

question 126

Multiple Choice

Which of the following is done to improve the reliability of the sales forecast?

• A) Employ financial planning models
• B) Lengthen the planning horizon to more than a year
• C) Rely solely on outside consultants
• D) Use the sales forecasts from the previous year

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Definitions:

Justin's Nut Butters

A brand known for producing a variety of natural and organic nut butters.

Business Plan

A formal written document that describes the nature of a business, its strategies, financial objectives, and the path for achieving its goals.

Business Model

A strategic plan outlining how a company creates, delivers, and captures value, essentially describing how it operates and makes money.

Unique Differentiation

The process or strategy of making a product, service, or business stand out from competitors in ways that are meaningful to target customers.