0704-883-0675     |      dataprojectng@gmail.com

THE IMPACT OF SALES FORECASTING ON BUSINESS PLANNING

  • Project Research
  • 1-5 Chapters
  • Quantitative
  • Simple Percentage
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 3000

THE IMPACT OF SALES FORECASTING ON BUSINESS PLANNING

This study examines the impact of sales forecasting on business planning. Objectives include: (1) evaluating the accuracy of sales forecasts, (2) analyzing the role of sales forecasting in resource allocation, and (3) assessing the impact of forecasting on strategic planning. A survey design is employed to gather data from a broad population. Using Taro Yamane's formula, a sample size of 330 is derived. The case study focuses on the manufacturing industry in Kano, Nigeria, where accurate sales forecasting is critical. The reliability coefficient score is 0.85, indicating high reliability. Findings show that accurate sales forecasting significantly improves business planning and resource allocation. However, challenges in forecasting accuracy are noted. Recommendations include investing in advanced forecasting tools and training staff in forecasting techniques to enhance accuracy.





Related Project Materials

THE IMPACT OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARD (IPSAS) IN NIGERIA PUBLIC SERVICE (A CASE STUDY OF LAGOS STATE CIVIL SERVICE)

ABSTRACT

This study examines the value relevance of international public sector accounting standards adoption in the Lagos state Civil...

Read more
THE ROLE OF FEMALE JOURNALISTS ON NIGERIAN BROADCAST MEDIA

​​​​​​​BACKGROUND OF THE STUDY

The media has an important part to play in the man for gender transition...

Read more
FACTORS INFLUENCING CHILDBEARING WOMEN’S CHOICE OF HEALTH CARE SERVICES

ABSTRACT

People in poor countries tend to have less access to health services than those in better-off...

Read more
PHARMACOGNOSTIC AND ANTIMICROBIAL STUDIES OF THE STEM BARK OF DETARIUM MICROCARPUM GUILL. & PERR. (FABACEAE)

Abstract

Detarium microcarpum Guill & Perr. (Fabaceae) is used in parts or whole in Nigeria and several other West African countries...

Read more
THE ROLE OF EARLY CHILDHOOD EDUCATION IN REDUCING FOOD WASTE

ABSTRACT: This research explores the role of early childhood education in reducing food waste among young children. Educating children about f...

Read more
THE INFLUENCE OF CORPORATE CULTURE ON FINANCIAL REPORTING PRACTICES

ABSTRACT:

This research investigates the influence of corporate culture on financial reporting practice...

Read more
THE ROLE OF LEADERSHIP IN DRIVING DIGITAL TRANSFORMATION

THE ROLE OF LEADERSHIP IN DRIVING DIGITAL TRANSFORMATION

The objectives of this research are to: (1) explore the influence of leadership...

Read more
THE ROLE OF THE UNITED NATIONS SECURITY COUNCIL IN THE MAINTENANCE OF INTERNATIONAL PEACE AND SECURITY IN MALI

ABSTRACT

On 16th January, 2012, several insurgent groups began raising another campaign against the Malian Government for independence or...

Read more
RECORD MANAGEMENT AND EFFECTIVE JOB PERFORMANCE IN AN ORGANIZATION

 

ABSTRACT

The aim of this research work is to find out the importance of record management and effective...

Read more
INVESTIGATION ON TEACHERS AND STUDENTS ATTITUDE TOWARDS IMPROVISATION AND THE USE OF INSTRUCTIONAL MATERIALS IN THE TEACHING OF INTEGRATED SCIENCE

Background to the Study

The influence of instructional materials in promoting students’ teaching...

Read more
Share this page with your friends




whatsapp