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Why is short-term demand forecasting important for businesses?
  • a)
    It helps in long-term expansion planning.
  • b)
    It determines the pricing strategy.
  • c)
    It aids in setting sales targets.
  • d)
    It facilitates financial planning.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Why is short-term demand forecasting important for businesses?a)It hel...
Short-term demand forecasting is important for businesses because it aids in setting sales targets. It allows businesses to plan and adapt their strategies for the immediate future, ensuring that they can meet current market demands and sales objectives.
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Why is short-term demand forecasting important for businesses?a)It helps in long-term expansion planning.b)It determines the pricing strategy.c)It aids in setting sales targets.d)It facilitates financial planning.Correct answer is option 'C'. Can you explain this answer?
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