Forecasting is the process of making statements about events whose actual outcomes (typically) have not yet been observed. A commonplace example might be estimation of some variable of interest at some specified future date. Prediction is a similar‚ but more general term. Both might refer to formal statistical methods employing time series‚ cross-sectional or longitudinal data‚ or alternatively to less formal judgemental methods. Usage can differ between areas of application: for example‚ in hydrology
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Sales Maximization A reasonable‚ and often pursued objective of firms is to maximize sales‚ that is‚ to sell as much output as possible. Clearly sales lead to revenue‚ meaning that maximizing sales is also bound to maximize revenue. But as the analysis of short-run production indicates‚ maximizing sales does NOT necessarily maximize profit. So why do firms do it? Are firms unreasonable? Are they irrational? Do they NOT understand the basic economic principles of short-run production? For some firms
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Organizational Background The pharmaceutical industry in Bangladesh is one of the most developed hi-tech sectors within the country’s economy. In 2000‚ there were 210 licensed allopathic drug-manufacturing units in the country‚ out of which only 173 were in active production; others were either closed down on their own or suspended by the licensing authority for drugs due to non compliance to good manufacturing practices or drug laws. The industry manufactured about 5‚600 brands of medicines in
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Discuss and illustrate by way of examples the role that a sales person plays in modern marketing organisations There are various types of personal selling jobs‚ and the role of personal selling can vary from one company to another. Selling is one of the oldest professions in the world. The person in charge of the sales go by many names: salespeople‚ sales representatives‚ account executives‚ sales consultants‚ sales engineers‚ agents‚ district managers‚ marketing representatives‚ and account development
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is the role provided by break-even point and how would you calculate this point? * Please calculate break-even point in patient days under the provided contract. * What are the limitations of using break-even point and how would you incorporate this point with management strategic planning? Break- even analysis is a generally neglected credit risk assessment to ol. It is very useful in leaping proposal the business risk profile. Break-even is the point at which a business makes neither a
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Sales and Marketing Paper August 24‚ 2009 Intro While sales and marketing are sometimes split into two different areas it is important that these two areas work together to achieve a goal for the lodging industry‚ this goal‚ simply put‚ is to increase revenue. This paper will discuss how the sales and marketing departments work together to achieve this goal‚ and how they differ. Included in the discussion will be the importance of STP (Segmentation‚ Targeting and Positioning) and the
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The history and background of marfan disease. Marfan syndrome (MFS) is an inherited connective tissue disorder noteworthy for its worldwide distribution‚ relatively high prevalence‚ and clinical variability. This autosomal dominant syndrome has pleiotropic manifestations involving primarily the ocular‚ cardiovascular‚ and skeletal systems. Classic marfan syndrome MFS type 1‚ MFS1 has been considered a condition caused by the deficiency of a structural extracellular matrix protein‚ fibrillin-1; however
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Background Founded in 1976‚ Acer ranks among the world’s top five branded PC vendors. In 2000‚ Acer spun-off its manufacturing operation to focus its resources on developing technologically advanced‚ user-friendly solutions. The decision to support the sales of its product lines through specific marketing activities that best utilise distribution channels‚ has allowed Acer to achieve excellent results worldwide. Overcoming the barriers between people and technology: This is Acer’s long-term
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Art. 1544- Double Sale G.R. No. L-19248 7 SCRA 452 February 28‚ 1963 ILUMINADO HANOPOL vs. PERFECTO PILAPIL‚ BARRERA‚ J.: Case Nature : APPEAL from a decision of the Court of First instance of Leyte. Facts: Hanopol claims ownership of the land by virtue of a series of purchases effected in 1938 by means of private instruments‚ executed by the former owners surnamed Siapo. Additionally‚ he invokes in his favor a decision by the CFI of Leyte (in Civil Case No. 412) rendered
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INTRO: The stresses of college can be exhausting. Daily assignments‚ Exams‚ and speeches pile up‚ and quickly become overwhelming‚ often to the point that our health is comprised. According to the University of Maryland Medical Center‚ stress can lead to several health issues including: Heart Disease Strokes Cancer Gastrointestinal Problems Weight Gain Diabetes Infertility Skin disorders: like acne and eczema And… a huge one for us college students: Troubles with Memory‚ Concentration
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