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The information that the organization has managed to collect will help them later on in doing (A) forecasting.
Forecasting is <u>a form of market analysis that is conducted to know more about the future target market’s characteristics, amount, and trends that relate to them.</u> This information would help the organization is choosing the right approach to market their products in order to generate the most sales.
Established in 1967 in Thailand with more than 500 million members, one of the largest regional markets in the world is
ASEAN.<span> ASEAN stands for Association of South East Asian Nations. It is a </span>regional intergovernmental organization with 10 members and it's <span><span>the world’s third largest market. </span> </span>
