Estimating the demand of the product
Problem 1: Why is knowing or estimating the product demand so crucial for a firm?Problem 2: Include an example of a business that has suffered from poorly estimating the demand of its products. Evaluate how or why the business made such a mistake.
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Include an example of a business that has suffered from poorly estimating the demand of its products. Evaluate how or why the business made such a mistake.
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(1) How would you use this tool in a business context? (2) How and why would instant messaging be useful to virtual collaboration in a business environment?
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