An External Sales Forecast Is Based on ________

question 119

Multiple Choice

An external sales forecast is based on ________.

• A) the relationships between a firm's sales and certain key economic indicators such as GDP and consumer confidence
• B) a buildup, or consensus of sales forecasts through a firm's own sales channels
• C) the prediction of a firm's sales over a given period through the analysis of the sales trends of its competitors.
• D) developing the pro forma income statement to forecast sales and then express the various income statement items as percentage of projected sales

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Definitions:

Breathable Socks

Socks designed with materials that allow air to circulate, keeping feet dry and comfortable by reducing moisture buildup.

Ecotourism

A form of sustainable travel to natural areas, aiming to conserve the environment, respect the local culture, and promote economic development for local communities.

Reduces Water

Initiatives or processes that aim to decrease the amount of water used or wasted, often in an environmental or conservation effort.

Business Sectors

The division of the economy into different industries and areas of activity, such as technology, healthcare, and finance, each focusing on specific goods or services.