Which of the following is/are approaches used to forecast demand for a product?
A)reviewing industry data on the internet
B)speaking with competitors
C)speaking with potential customers
D)all of these approaches.

Question

Quizplus · Accepted Answer

All of these approaches (reviewing industry data on the internet, speaking with competitors, and speaking with potential customers) are valid methods to forecast demand for a product. Each provides valuable insights from different perspectives, contributing to a more comprehensive understanding of market demand.

Which of the Following Is/are Approaches Used to Forecast Demand