True or false: forecasts are set on the marketing budget detail spreadsheet.

2 answers:

6 0

<span>It is true that forecasts are prepared for the marketing budget detail spreadsheet. Forecasts are the predictions for future that are based on the present and past data. All the marketing activities are categorized into two spreadsheets after the Advanced Marketing Module gets activated. Pricing & Forecasting spreadsheet contains the prices and forecasts.</span>

Sladkaya [172]3 years ago

4 0

The statement above is true. Forecasting is the utilization of notable information to decide the heading of future patterns. Organizations use estimating to decide how to apportion their financial plans or plan for expected costs for an up and coming timeframe. This is regularly in view of the anticipated interest in the products and ventures they offer.

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<h3>What causes an increase in the demand for a product?</h3>

The demand for a product is affected by:

future expectations
change in the price of other goods
Change in the income of consumers

When it is expected that the price of a product would increase in the future. Consumers would want to buy the product now when it is cheaper so as to save money.

For more information about the change in demand, please check: brainly.com/question/25871620

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