Which of the following factors most likely will impact the demand for a firm's products or services?
A) Forecast accuracy
B) Order processing system
C) Competition
D) Planning horizon

Question

Quizplus · Accepted Answer

Competition is a key factor that can impact the demand for a firm's products or services. If there are many competitors offering similar products or services, the demand may be lower for a particular firm. Alternatively, if a firm has a unique product or service that distinguishes itself from its competitors, it may experience higher demand.

Which of the Following Factors Most Likely Will Impact the Demand