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Demand Analysis: Purpose and Focus

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Questions and Answers

What is the main purpose of demand analysis?

To calculate production costs

To analyze market competition

To identify consumer preferences (correct)

To forecast future sales

What does demand analysis primarily focus on?

Employee productivity

Consumer behavior and choices (correct)

Supply chain management

Government regulations

Which factor is crucial in demand analysis?

Geographical location of the business

Quality control measures

Employee retention rates

Income levels of consumers (correct)

Demand Analysis: Purpose and Focus

Choose a study mode

Podcast

Questions and Answers

What is the main purpose of demand analysis?

What does demand analysis primarily focus on?

Which factor is crucial in demand analysis?

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