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Market process modelling

Description: For successful management of any business it is necessary to choice a right direction, scale and time of activity. Therefore, it is important to have the qualitative and well-timed information about economical situation. Recently created as a result of successful development, model of the market processes, may help understand economical situation better. This model makes possible to estimate demand / supply ratio, glut in the market, quantity of customers, sales etc. For practical having of benefit, it is necessary to construct model for the concrete goods, forecast market situation and make decisions, based on model results.
Need from others: I want to find the people, who wish to manage business effectively and understand power and value of modelling. To take advantage of offered approach, it is necessary: collect the data (define market and concrete goods characteristic); create model (know how); analyse the data and forecast.
Author: etemebi from Russian Federation  Posting reviewed by: 284 users
Country of business: whole world Published on: 17 September 2004
Region of business: any Posting ID: 1007
Business Sector: consulting services Image: Not available
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