What is a sales forecast and why is it important

Assignment Help Project Management
Reference no: EM131304168

1. Why is selecting appropriate target markets important to an organization that wants to adopt the marketing concept philosophy?

2. What is a sales forecast? Why is it important?

3. MTV Latino targets the growing Hispanic market in the United States. Identify another product marketed to a distinct target market. Describe the target market, and explain how the marketing mix appeals specifically to that group.

Reference no: EM131304168

Questions Cloud

Difference between concentrated and differentiated strategy : List the differences between concentrated and differentiated strategies, and describe the advantages and disadvantages of each.
What is a market segment profile : What dimensions are used to segment business markets?- What is a market segment profile? Why is it an important step in the target-market selection process?
What were the various problems with the articles : What were the various problems with the Articles of Confederation? How did Shays Rebellion motivate "the founders" to hold a convention to resolve the problems of the Articles? Considering the list of problems related to the Articles of Confederati..
What problems could shadow banks have potentially avoided : What does Greenspan mean that "the added risk had not been compensated by higher capital"? By holding more capital, what problems could shadow banks have potentially avoided?
What is a sales forecast and why is it important : Why is selecting appropriate target markets important to an organization that wants to adopt the marketing concept philosophy?
Identify driving forces for change in external environment : Identify the major driving forces for change in the external environment of the motorcycle industry. Analyze the dynamics of competition using Porter's Five Forces Model of Competition. Correctly assess the dynamics of competition.
What is a lender of last resort : What is a lender of last resort? How is being a lender of last resort connected to the too-bigto-fail policy?
Explain the strategy being used to reach that market : Locate an article that describes the targeting strategy of a particular organization. Describe the target market, and explain the strategy being used to reach that market.
What does exposure to counterparties mean : If it becomes easier to determine the exposure of a bank or another financial firm to counterparties, why might that reduce the risk of contagion?

Reviews

Write a Review

Project Management Questions & Answers

  What are some of the potential problems with given scenario

What are some of the potential problems with this scenario? Does size or complexity of the contract matter? Please include url or references used.

  What was the likely reaction of the foreign exchange market

What was the likely reaction of the foreign exchange market to Greenspan's statements? Explain.- Can Greenspan support the value of the U.S. dollar without intervening in the foreign exchange market? If so, how?

  Internal systems and re-install and commission a new system

A company dinner and dance. A company retreat to another country

  Personnel management and human resource management

Critically evaluate the difference between personnel management and human resource management.- Assess the HRM functions contributing to TESCO's.

  Team project sky wrench maintenance hanger relocation

Team Project Sky Wrench Maintenance Hanger Relocation, You are in the maintenance office of a medium sized repair facility. The senior manager has tasked you to come up with a project plan and budget to move your 51-person maintenance facility from h..

  How does walmart use drop shipping

How does Walmart use drop shipping?- What are blanket orders?- How do they differ from invoiceless purchasing?- What can purchasing do to implement just-in-time deliveries?

  Key stakeholders is important for effective communication

Just as deciding how to communicate with your key stakeholders is important, listening to your key stakeholders is important for effective communication.

  What price will maximize the revenue from selling hamburgers

What price will maximize the revenue from selling hamburgers?- Currently, the price of a hamburger is $3.00. If the price is increased by 10%, will revenue increase or decrease?

  Any gaps in this background will require you to make sound

this assignment consists of two 2 sections a written paper and a work breakdown structure wbs. you must submit the two

  Examine processes of collecting information security measure

Examine the process(es) of collecting information security measures, how often do they need to be collected, what are the downsides of collecting and reporting the measures too frequently or too seldom.

  Cumulative and a noncumulative quantity discount

If you worked for a manufacturing firm located in Oregon and shipped merchandise all over the United States, which would be more advantageous, a zone or a uniform delivered pricing policy? Why?

  Detailed explanation to project evaluationtrue or false1

detailed explanation to project evaluationtrue or false1 when multiple irrs exist mutually exclusive projects have

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd