Role of forecasting and planning in business organization |Forecasting | Business Organization |
2 years ago
8
Forecasting in business consists of various tools that are used for predicting the changes occurring in the business or the company. The changes that are occurring in sales, marketing, profits, losses, and other expenditures. The aim of using forecasting in business is to create better strategies based on various predictions on business to eliminate the risks of having losses in the future.
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