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Figure 13-1
-What is produced by the structure labeled "2"?
Sales Forecasting
The process of estimating future sales volumes to make informed business decisions regarding inventory levels, workforce, and financial planning.
Economic Trends
Patterns or movements in economic indicators, such as GDP growth, unemployment rates, or inflation, that indicate the general direction of an economy.
Political and Legal Events
Incidents or changes in the political or legal environment that can impact business operations and outcomes.
Cash Payments Budget
A budget that estimates the cash payments an organization expects to make over a period, including expenses, purchases, and other outflows.
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