In Business, Forecasts Are the Basis For

question 142

Multiple Choice

In business, forecasts are the basis for:

• A)capacity planning
• B)budgeting
• C)sales planning
• D)production planning
• E)all of the above

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Definitions:

Sells Assets

Involves the process of disposing of or selling off physical or intangible assets by a company or individual.

Vertical Integration

The expansion of a business by acquiring or establishing control over different stages of its production or distribution processes.

Acquires Suppliers

The process where a company takes ownership of its suppliers to control the supply chain or reduce production costs.

Acquires Distributors

The process by which a company purchases or assumes control over distribution firms to streamline its supply chain and improve market access.