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What is the significance of differentiating between short-term and long-term demand forecasts for an organization?
  • a)
    It helps in setting competitive prices.
  • b)
    It guides long-term expansion decisions.
  • c)
    It aids in evaluating performance.
  • d)
    It determines pricing strategy.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What is the significance of differentiating between short-term and lon...
The significance of differentiating between short-term and long-term demand forecasts for an organization lies in guiding long-term expansion decisions. Short-term forecasts are useful for immediate planning, while long-term forecasts provide insights into future growth opportunities, helping organizations make informed decisions about expanding their business operations and investments.
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What is the significance of differentiating between short-term and long-term demand forecasts for an organization?a)It helps in setting competitive prices.b)It guides long-term expansion decisions.c)It aids in evaluating performance.d)It determines pricing strategy.Correct answer is option 'B'. Can you explain this answer?
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What is the significance of differentiating between short-term and long-term demand forecasts for an organization?a)It helps in setting competitive prices.b)It guides long-term expansion decisions.c)It aids in evaluating performance.d)It determines pricing strategy.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the significance of differentiating between short-term and long-term demand forecasts for an organization?a)It helps in setting competitive prices.b)It guides long-term expansion decisions.c)It aids in evaluating performance.d)It determines pricing strategy.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the significance of differentiating between short-term and long-term demand forecasts for an organization?a)It helps in setting competitive prices.b)It guides long-term expansion decisions.c)It aids in evaluating performance.d)It determines pricing strategy.Correct answer is option 'B'. Can you explain this answer?.
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