Question

True or false: forecasts are set on the marketing budget detail spreadsheet.
a. true
b. false

Answer 1

The statement above is true. Forecasting is the utilization of notable information to decide the heading of future patterns. Organizations use estimating to decide how to apportion their financial plans or plan for expected costs for an up and coming timeframe. This is regularly in view of the anticipated interest in the products and ventures they offer.

Answer 2

It is true that forecasts are prepared for the marketing budget detail spreadsheet. Forecasts are the predictions for future that are based on the present and past data. All the marketing activities are categorized into two spreadsheets after the Advanced Marketing Module gets activated. Pricing & Forecasting spreadsheet contains the prices and forecasts.