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grandymaker [24]
3 years ago
10

The total sales of a product that a firm expects to sell during a specified time period under specified environmentalconditions

and its own marketing efforts is referred to as the a . prognostication. b. sales forecast. c. guesstimate. d. marketing intuition. e. market potential.
Business
2 answers:
Marat540 [252]3 years ago
7 0

Answer:

Correct option is B

Sales forecast

Explanation:

Any forecast can be termed as an indicator of what is likely to happen in a specified future time frame in a particular field. Therefore, the sales forecast indicates as to how much of a particular product is likely to be sold in a specified future period in a specified market at speci­fied price.

Accurate sales forecasting is essential for a business house to enable it to produce the re­quired quantity at the right time. Further, it makes the arrangement in advance for raw mate­rials, equipment’s, labour etc. Some firms manufacture on the order basis, but in general, firm produces the material in advance to meet the future demand.

gulaghasi [49]3 years ago
4 0

Answer:

Sale forecast

Explanation:

Sale forecast is the process of measuring the quantity of goods and services that will be sold by an organization in the future.

Sales forecasting enables organisations to see into the future and strategically plan their moves to increase growth of the company in years to come.

Sales forecasting is also very essential to marketers. If the forecast shows a coming decrease in sales, marketers can adapt by creating different promotions that boost more business.

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What do turnover ratios focus on? What is an example of a turnover ratio and how is it computer
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The turnover ratio is the lower of the total sales or total purchases over the period divided by the average of the net assets. The higher the turnover ratio, the greater the volume of trading carried out by the fund. If high turnover can generate high returns, then there should be no problems. A turnover ratio represents the number of assets or liabilities that a company replaces in relation to its sales. The concept is useful for determining the efficiency with which a business utilizes its assets.

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Learn more about turnover ratio here brainly.com/question/27523896

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