What Is a Company Sales Forecast? Why Is It Important

question 131

Essay

What is a company sales forecast? Why is it important to the sales department as well as to the people who handle raw materials inventory, finished goods inventory, hiring, and advertising?

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Definitions:

Emotional Intelligence

The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.

Work Satisfaction

The level of contentment or happiness an individual derives from their job, including aspects like work environment, job role, and compensation.

Trust

A person’s confidence in another individual’s intentions and motives and in the sincerity of that individual’s word.

Supervisor

An individual in charge of overseeing and directing the work of others, typically within an organizational setting.