Even if a company has accurate sales forecast information calculated from multiple methods and based on solid data,the company should:
A)rely on expert opinions to dictate company actions
B)stockpile product in case they need to ship a large order
C)inform salespeople that there will be workforce reductions if salespeople do not meet quotas
D)ignore this information and prepare for the worst
E)prepare for multiple possible scenarios so it can react to whatever happens in the market

Question

Quizplus · Accepted Answer

Even if a company has accurate sales forecast information, it is important to be prepared for multiple possible scenarios so that the company can react to whatever happens in the market. This allows the company to be adaptable and make informed decisions based on changing circumstances. Relying solely on expert opinions, stockpiling product, or threatening workforce reductions are not effective strategies for managing sales forecasts. Ignoring the information can also lead to unforeseen consequences.

Even If a Company Has Accurate Sales Forecast Information Calculated