Main obejectives of demand analysis and discovery and measurement of variables that affect
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Explanation:
In the words of Joel Dean, “Demand analysis seeks to research and measure the forces that determine sales”. Many factors influence the quantity of a product a business can sell.
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The main aspect of demand analysis is that it is necessary to have the knowledge about demand since the entire business depends on the demand of goods and services. The demand is the main driver for the business to advertise for their products and a number of of other strategic decisions based on the demand of the products or services
Explanation:
- The demand of goods or services is what helps the managers to set a direction for planning their business strategies for short and long run.
- The important tools that can be used by manager for determining the demand of goods and services are by demand forecasting, manipulative demand, establishing performance parameters for salesmen and by the competition in the market.
- The consumers have varied needs and desires that keep changing and it is necessary for the companies to understand their customers and know about their demand for the products.
To know more about demand
What is demand and law of demand?
https://brainly.in/question/7625804
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