Why is knowing the product demand so crucial for a firm

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Reference no: EM132671132

Question: Instruction: Respond to the following in 300 works.

Why is knowing (or estimating) the product demand so crucial for a firm?

Response must include an example of a business that has suffered from poorly estimating the demand of its products. Evaluate how or why the business made such a mistake.

Reference no: EM132671132

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