Components of demand forecasting system, Managerial Economics

  • Market research operations to obtain reliable and relevant information about the trends in market.
  • A data analysing and processing system to estimate as well as evaluate the sales performance in different markets.
  • Proper co-ordination of steps (i) and (ii) above
  • Placing the findings before top management for making final decisions.


Posted Date: 8/10/2013 2:27:04 AM | Location : United States

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