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Provide a forecast on a new product that you will be developing. Often managers are called...

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General Management

Provide a forecast on a new product that you will be developing.Often managers are called upon to make forecasts for these newproducts when they don't have historical sales data inside thecompany. What secondary sources of data might you find? Whospecifically would provide it (e.g.: the US Census, US Dept ofCommerce, ComScore, Nelsen, . . .)? How would this data be used tosupport your forecast?

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Auxiliary information is regularly utilized when the organization has constrained assets to direct essential research These are the information or research work that are promptly accessible to be utilized by the organizations for dynamic The various kinds of optional information sources that can be utilized may incorporate the examination directed by different    See Answer
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