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Java Games: Flashcards, matching, concentration, and word search. |
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| Sales Forecast | predicts a company’s sales for the next week, month, quarter, year, etc |
| Qualitative forecasting | s based on expert opinion and personal experience. |
| Quantitative forecasting | s based on the analysis of hard facts or numerical data |
| Internal information | Past sales records, Accounting records , Financial statements, Market research |
| External information | government reports, industry periodicals, trade association publications, mass media, |
| Short-range forecasting | to aid in day-to-day decision-making regarding planning, scheduling, staffing, inventory |
| Intermediate-range forecasting | to plan quarterly or yearly budgets or to determine whether to make capital expenditures (purchases of equipment, land, etc.). |
| Long-range forecasting | g strategic plans to develop new products, enter new markets, build new facilities, etc |
| business plan | owners use to obtain loans and persuade potential investors to finance their startup. |
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