Business Studies, asked by ni631276, 2 months ago

The most important consideration in choosing the best sales forecasting method would be:

what type of method your top competitor is using

 

The trustworthiness of your sales team

 

The amount, quality, and stability of the data available

 

Whether you have at least 10 years worth of sales data

Answers

Answered by 6299melvin
5

Explanation:

Sales forecasting can play a major role in your company's success (and your own career development).

Accurate sales forecasts allow salespeople and business leaders to make smarter decisions when setting goals, hiring, budgeting, prospecting, and other revenue-impacting factors.

But despite the advantages, many sales leaders struggle to create sales forecasts that are anywhere near reality.

We've compiled an in-depth guide to creating a trustworthy sales forecast — rather than a wish-cast. Read on to learn, and don't miss the sales forecasting template we've included at the end.

Answered by krithikasmart11
0

Answer:

Option (c):-The Amount, quality, and stability of the data available.

Explanation:

Sales Forecasting:

Expected sales revenue is called sales forecast. A sales forecast evaluates how much your company plans to sell within a certain time period (like a quarter or year). The best sales forecasts can predict with a  high degree of accuracy.

It differs in where they’re getting their inputs – for example, they may rely on sales reputation intuition or even artificial intelligence (AI). moreover in the section on tools used to forecast sales revenue. But all sales forecasts answer two key questions:

  • How much
  • When

#SPJ2

Similar questions