Question

The total sales of a product that a firm expects to sell during a specified time period under specified environmental conditions and its own marketing efforts is referred to as the A. prognostication. B. sales forecast. C. guesstimate. D. marketing intuition. E. market potential.

Answer 1

B. sales forecast

Step-by-step explanation:

Sales forecast -

It is the process of estimation of the future sales .

The process helps to make business decision and prediction smooth for short and even long terms .

The forecast is done on the basis of past data , economic trends and industry - wide comparisons .

hence ,

The correct term for the given statement is - B. sales forecast .