Sales forecasts are usually based on which of the following?
A)historical trends
B)economic forecasts
C)past marketing strategy
D)both a and b

Question

Quizplus · Accepted Answer

Sales forecasts are usually based on both historical trends and economic forecasts, as both factors can provide valuable insights into future sales potential. Past marketing strategy may also be considered, but is not typically the primary factor in forecasting sales.

Sales Forecasts Are Usually Based on Which of the Following