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Summary Business Eduqas Component 2- Sales Forecasting

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Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: - benefits and drawbacks of extrapolation - example of forecasting mistakes - implications of incorrect forecasting - what factors influence sales forecasts - how to calculate moving averages - moving averages diagram and definition - line of best fit - external factors affecting quantitative and qualitative sales forecasting -

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WJEC
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BS4 - Business Strategy and Practice








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Study Level
A/AS Level
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WJEC
Subject
Business Studies
Unit
BS4 - Business Strategy and Practice
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Uploaded on
June 14, 2025
Number of pages
1
Written in
2024/2025
Type
Summary

Subjects

  • sales forecasting
  • line of best fit
  • moving averages
  • moving averages diagram
  • extrapolation
  • forecasting mistakes
  • benefits and drawbacks of extrapolation
  • consequences of incorrect forecasting
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