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Topical Terminology > Sales Forecast



2 Definitions

Sales Forecast

For Sales Forecast we have terms and definitions in 2 topics. The topics are Business and Finance.



Sales Forecast (Business)

A prediction of future sales, based on past sales performance. Sales forecasting takes into account the economic climate, current sales trends, company capacity for production, company policy, and market research.


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Sales Forecast (Finance)

A key input to a firm's financial planning process. External sales forecasts are based on historical experience, statistical analysis, and consideration of various macroeconomic factors.


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