Business A-Level
forecast risk
What forecast risk means in Business A-Level, as defined for AQA.
Definition of forecast risk
Check what you remember
Read the wording for your board, then hide it and explain forecast risk in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The sales forecast is what a plan really rests on and is usually the least dependable line in it, because behind it sit a sample, a method and sometimes an optimistic owner.
Topics that use forecast risk
- Analysing financial performance (AQA A-Level)
Related terms
- break-even output
- cash flow forecast
- contribution per unit
- contribution squeeze
- credit terms
- data reliability
- gross profit margin
- linearity assumption
Using forecast risk in the exam
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