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The purpose and function of a forecast and types of forecasts

The purpose and function of a budget and types of budgets

This video will introduce you to types of forecasting in particular sales forecasting for an organisation. A sales forecast will display how much of sales an organisation expects to generate over the upcoming months.

After watching the video, share your thoughts in the comments on the key themes and questions that were raised.

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Financial Analysis for Business Performance: Planning, Budgeting, and Forecasting

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FutureLearn - Learning For Life