During which life cycle stage is a venture typically most accurate in forecasting sales?

Question

Quizplus · Accepted Answer

In the maturity stage, a venture has been operating for some time and has established a customer base and a track record of sales. This allows for more accurate sales forecasting based on past performance data. In the earlier stages, such as startup and development, there is less historical data to draw upon and greater uncertainty in the market. In the later stages, such as rapid growth and survival, there may be external factors that can impact sales, such as changes in the economy or competition, making accurate forecasting more difficult.

During Which Life Cycle Stage Is a Venture Typically Most