Ask Question
BusinessBusiness
24 July, 04:46

Pertaining to the strategic importance of forecasting, shortages in what area can result in loss of customers, and loss of market share:

+3
Answers (1)
  1. 24 July, 05:10
    0
    Capacity

    Explanation:

    It is one thing to have customers and another thing to be able to meet the needs (demands) of all the customers. Or else customers will go to where they are fully satisfied; your competitor.

    Forecasting the needs and size of customers and providing the needed resources to meet them is important inorder for a firm retain its customers and market share.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Pertaining to the strategic importance of forecasting, shortages in what area can result in loss of customers, and loss of market share: ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
B) Kathy recently graduated college and her grandparents give her $10,000 as a graduation present. She can either spend it all or invest it in a 10yr Mutual Fund paying 9.75% per year. Calculate the future value of her mutual fund:
Answers (1)
On January 1, year 9 SaniTruck, Inc. leases two specialized materials cleanup trucks with a fair value of $79,205 from TruxCo., a financing intermediary, for a lease term of 7 years. TruxCo.
Answers (1)
Associated Breweries is planning to market unleaded beer. To finance the venture, it proposes to make a rights issue with a subscription price of $10. One new share can be purchased for each two shares held.
Answers (1)
Selected information from Rockway, Inc.'s U. S. GAAP financial statements for the year ended December 31, included the following (in $) : 2004 2005 Sales 17,000,000 21,000,000 Cost of Goods Sold 11,000,000 15,000,000 Interest Paid 800,000 1,000,000
Answers (1)
An "injunction" tells us what we "are not" or "should not be." an example is "don't be independent."
Answers (1)
New Questions in Business
Laura owns 6,700 shares of GP Global stock worth $92,460. The firm has 15,000 shares outstanding. Each share is entitled to one vote under the straight voting policy of the firm.
Answers (1)
Vaughn Company exchanged equipment used in its manufacturing operations plus $4,020 in cash for similar equipment used in the operations of Bramble Company. The following information pertains to the exchange. Vaughn Co. Bramble Co.
Answers (1)
You hike uphill at a rate of 200 feet per minute. Your friend hikes downhill on the same trail at a rate of 250 feet per minute. How long will it be until you meet? The friend at the bottom is starting at 100 feet and hiking up.
Answers (1)
A person who offers law-related advice without the appropriate licensing is commuting
Answers (1)
What would the production components be for the input, conversion and output for opening a summer band camp?
Answers (1)
Home » Business » Pertaining to the strategic importance of forecasting, shortages in what area can result in loss of customers, and loss of market share:
Sign Up Forgot Password?