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Questions and Answers
What is the main purpose of demand analysis?
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?
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?
Which factor is crucial in demand analysis?
- Geographical location of the business
- Quality control measures
- Employee retention rates
- Income levels of consumers (correct)
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