Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.
Answer:
1. Medium range sales estimates
2. Long range sales estimates
Explanation:
At introduction, Chrysler requires medium range sales estimates and Long range sales estimates To determine future marketing requirements.
These estimates are economic forecasts they are indicators that are used to help organizations in preparing medium to long range forecasts.
The medium range estimates span from 3 months to 1 year.
The long range estimates is for 3 years or more.
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A company that rents bikes to students without any supporting business processes has likely implemented a differentiation competitive strategy.
<h3>What does "competitive strategy" mean?</h3>
A business uses a set of rules and practices known as a competitive strategy to acquire a competitive edge in the market. It is the procedure for choosing and carrying out steps that enable a corporation to strengthen its position in the market.
A company's competitive strategy is its long-term action plan, which is intended to provide it a competitive edge over its rivals after assessing their industry-specific strengths, weaknesses, opportunities, and threats in comparison to your own.
In essence, differentiation in business relates to the idea of distinguishing your business from the competitors by a particular feature, such your distribution system or pricing point.
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