GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Demand Analysis includes:
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Demand Forecasting
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Demand Differentials
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Demand Determinations
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All of the above
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Explanation:
Detailed explanation-1: -Demand Analysis helps to understand the factors affecting the demand for a product or service in a market. Companies use this information to formulate strategies on pricing, marketing communications, sales forecasting, etc.
Detailed explanation-2: -The Demand for goods or services is defined as the desire of a consumer to purchase that commodity.
Detailed explanation-3: -Demand must have the following elements: desire, want, quantity price and time.
There is 1 question to complete.