Monday, June 10, 2019
Financial Projections Essay Example | Topics and Well Written Essays - 250 words
Financial Projections - Essay ExampleThese marketing researches provide decision makers ins and out of customers in the market, how would they behave towards the products and serve offered by the business, what would be the demand for the offered products and services once the marketing campaigns are incorporated (Gorla et al., 2010 Hersey & Clanchard, 1969). Once the strategic targets that organizations tend to achieve are identified, organizations then livestock up their resources to achieve those targets. This is the reason that marketing research plays an important role in financial projections as it enables decision makers to identify the set of product culture efforts and marketing tactics required to make the offered product a success story (Handlechner, 2008).Marketing is also involved in financial projection as the decision makers develop projections to be achieved in the next in such a manner that it motivates shareholders and external investors to provide more financia l strength to the company. The added financial strength is then invested on further product development and improvement
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