What sales forecasting means
What sales forecasting means
Sales forecasting estimates future sales so a business can plan before demand actually happens. Forecasts may be stated as sales volume, which is the number of units sold, or sales revenue, which is the money earned from selling those units.
Step-by-step lessons on OCR A Level Business Sales forecasting. Each one builds up to exam-style questions. Build up your knowledge of the core business functions first, then focus revision time on the strategy and evaluation-heavy topics, since these carry the most marks.