![longoriafaithe09](/avatars/14216.jpg)
longoriafaithe09
22.11.2019 •
Business
How would a new business get information to accurately forecast its sales?
a
look at competitors' sales and profitability
b. count on having the maximum customers possible
c. use previous years' records and receipts
d. depend on the owner's best guess
Solved
Show answers
More tips
- S Style and Beauty How to Apply Foundation Correctly?...
- A Animals and plants How to Store Carrots: Tips for Homeowners...
- L Legal consultation Juvenile Justice: Who Needs It?...
- F Family and Home How to Choose the Best Diapers for Your Baby?...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
- T Travel and tourism Maldives Adventures: What is the Best Season to Visit the Luxurious Beaches?...
- H Health and Medicine Kinesiology: What is it and How Does it Work?...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
Answers on questions: Business
- B Business The last stage of the strategy-formulating, strategy-executing process is Multiple choice question. implementing and executing the strategy. making corrective adjustments....
- B Business Global Free Trade Zones Map indicates the following free trade zones NAFTA is Canada, Mexico, and the U.S. EU-CARICOM includes Europe, Caribbean islands, and South American...
- B Business Mallorie has $3 in her waller. if this is 10% of her monthly allowance, what is her monthly allowance?...
- B Business Coles Company, Inc. makes and sells a single product, Product R. Three yards of Material K are needed to make one unit of Product R. Budgeted production of Product R is as...
- B Business E-mation entered into a contract with a consumer, Ezra, a recent immigrant to the United States, who spoke very little English, and had no formal education. The contract...
- B Business Claymore Corp. has the following information about its standards and production activity for September. The volume variance is: Actual total factory overhead incurred $ 28,175...
- B Business Sam is a fashion designer for Flix, an apparel store. He usually goes beyond his primary role of designing clothes to suggesting marketing strategies to the marketing team....
- B Business Analysis of variance (ANOVA) is most applicable when there a. are only two means being compared b. is exactly one categorical variable to be considered c. are more than two...
- B Business A marketer of automobiles wants to introduce a new model using a message that combines visuals, music, words, and action. Which category of advertising media will best meet...
- B Business Kate decides to issue cash dividends on both the common stock and the preferred stock. Currently there are 50 outstanding preferred shares and 500 common shares outstanding....
Ответ:
A ). Look at competitors' sales and profitability
Explanation:
A new business is a fresh entrant in the market. It does not have records to use in projecting future sales. The company will operate in a competitive industry. To be able to predict its sales, the business will have to rely on data from other firms in the industry.
A study of its competitor's sales and profits will provide the business with a clear picture of what to expect. The new entrant figures should not vary with its competitors with huge differences.
Using guesswork is will probably mislead the directors of the business. Most likely, they will get over-ambitious, which will frustrate them when they begin operations. As they are new, they cannot use the previous year's receipts.
Ответ:
20
Explanation:
For us to calculate the equilibrium price, we must equate the quantity demanded with the quantity supplied. In this case, Qd = Qs where,
QD = 70 – P
QS = 2P + 10.
QD = QS
70 - P = 2P + 10
70 - 10 = 2P + P
60 = 3P
P = 60/3
P = 20
The equilibrium price is 20