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

Related Discussions:- Components of demand forecasting system, Assignment Help, Ask Question on Components of demand forecasting system, Get Answer, Expert's Help, Components of demand forecasting system Discussions

Write discussion on Components of demand forecasting system
Your posts are moderated
Related Questions
Q. Development of Skilled Labour - External Economies? As the industry grows training facilities for labour will increase. This helps development of skilled labour that would i

Intended or planned Investment Expenditure on investment depends on business expectations on the chance of making profits and on the availability of funds for the purchase of p

Gains From International Trade The gains from International trade are to make the participating countries better of than they would have otherwise been.   This will be the res

define scarcityand oppurtunity how these concepts are useful in managerial decision making

Question 1: (a) Describe how asymmetric information influences the price system and resource allocation. Provide examples to support your answer. (b) Managerial decision-ma

SEARCH THEORIES  -  A BRIEF' HISTORICAL OVERVIEW   A search theory of unemployment is found even in the writings of A. C. Pigou in  the inter-war  period. To explain the  high

The Determination of the Value Money   Since money is primarily a medium of exchange, the value of money means what money will buy.  If at one time a certain amount of money

Real and nominal wages Wages are wanted only for what they will buy, real wages being wages in terms of the goods and services that can be bought with them.  Nominal wages

Williamson, Wachter and Harris (1975) suggest promotion incentives within the firm as a substitute to morale-damaging monitoring, where promotion is based on objectively measurable