This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is a company sales forecast? Why is it important to the sales department as well as to the ... (Read 95 times)

asan beg

  • Hero Member
  • *****
  • Posts: 570
on: Jul 14, 2018
What is a company sales forecast? Why is it important to the sales department as well as to the people who handle raw materials inventory, finished-goods inventory, hiring, and advertising?

Question 2

How does an investor typically track the performance of specific stocks?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jane

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jul 14, 2018
Answer to Question 1

A sales forecast is an estimate of the amount of a product or service that an organization expects to sell during a certain period of time based on a specified level of marketing effort. Various managers rely on a sales forecast when purchasing raw materials, scheduling production, securing financial resources, considering plant and equipment purchases, hiring personnel, and planning inventory levels.

Answer to Question 2

Although most major city newspapers still include daily stock market reports, investors can now find more current and detailed information about specific stocks on the Internet. On most financial websites, one can find information about a specific stock by typing its stock symbol into a Get Quote box. (A stock symbol is a short combination of letters used to identify the stock of a specific company.) They also provide a variety of statistics such as earnings per share ratio and the price-earnings ratio graphs that illustrate how the stock price has performed over various time periods. Financial websites also provide information about other types of securities such as mutual funds, ETFs, and bonds.


asan beg

  • Member
  • Posts: 570
Reply 2 on: Jul 14, 2018
:D TYSM

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Examples of structures in which extensive surface area is important for function. Examples of structures in which extensive surface area is important for function.
Two important changes occur in the upper airway in croup:The epiglottis swells, thereby occluding th Two important changes occur in the upper airway in croup:The epiglottis swells, thereby occluding th
An emergency department physician at work An emergency department physician at work
Using alert labels enables the medical staff to quickly identify important information such as ... Using alert labels enables the medical staff to quickly identify important information such as ...
It is important for new employees to know the location of all fire extinguishers. (B) Aim low toward ... It is important for new employees to know the location of all fire extinguishers. (B) Aim low toward ...
Important Land Ecoregions Important Land Ecoregions
Video: Fermentation pathways

For a complete list of videos, visit our video library