______ Is the Process of Estimating the Demand for a Firm's

question 57

Multiple Choice

______ is the process of estimating the demand for a firm's products in the near future.

• A)Demand forecasting
• B)Demand management
• C)Demand planning
• D)Demand assessment

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Definitions:

Reinvest Profits

The practice of using profits generated by a business to invest back into the business to promote growth and development.

Arbitration

A method of dispute resolution in which a neutral third party makes a binding decision after considering the evidence and arguments.

Natural Flowers

Flowers that are grown and harvested from the earth as opposed to artificial or synthetic flowers.