Which of the following would be a potential source of information for preparing a sales forecast?
A)Past records
B)Trade associations and the Chamber of Commerce
C)Similar firms
D)All of the above

Question

Quizplus · Accepted Answer

Past records of sales can provide valuable information for forecasting future sales. Trade associations and the Chamber of Commerce can provide industry-specific data and insights. Looking at similar firms can provide benchmarks and insights into market trends. Therefore, all three sources can be potentially useful for preparing a sales forecast.

Which of the Following Would Be a Potential Source of Information