- Trend Indicators
- Strategic Planning
- Key Performance Indicators
- Data Analysis
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Experience rapid business growth with GrowMaxBI – the ultimate digital transformation platform for FMCG/CPG companies. This powerful tool streamlines commercial operations and drives sales excellence by connecting companies with a robust distribution system. With features like convenient and speedy access, ... Read More
Trend indicators help to find out If there is a trend in the market and how it is moving. These indicators are called oscillators because they move in a wavelike pattern between high and low levels. Because price data is smoothed and the trend is displayed by a single line, as in the case of a moving average, these are commonly referred to as trend-following indicators. The smoothing technique causes the indicators to lag price fluctuations. Most trend indicators lose money during a range market due to changes in a tight price band tend to whipsaw traders in and out of their positions.
Strategic planning is the process of recording and establishing a company's trajectory by assessing its current and future position. A strategic plan is a type of document that outlines the company's mission, vision, values, and long-term goals and strategies for accomplishing them. A well-written strategic plan can play a significant role in the growth and success of your organization since it advises you and your employees on how to respond to opportunities and challenges. Strategic planning initially gained popularity in the 1950s and 1960s, and it remained popular in the business world until the 1980s, when it went out of favor.
A quantitative measure of performance over time for a specific goal is referred to as a "key performance indicator." KPIs provide teams with goals to aspire for, milestones to track progress, and insights to assist everyone in the organization in making better decisions. From finance and HR to marketing and sales, every aspect of the organization relies on key performance indicators to move forward strategically. Therefore, KPIs are vital to ensuring that your teams support the organization's overall goals. From risk concerns to financial indicators, key performance indicators give you an accurate picture of your company's health.
Cleaning, converting, and modeling data to discover relevant information for business decision-making is what data analysis is all about. Data analysis is the process of extracting usable information from data and making decisions based on that knowledge. When we decide our daily lives, we think about what happened the last time or if we make that particular option. This is nothing more than looking backward or forwards in time and making conclusions based on that information. We do so through recalling past events or dreaming about the future. So, data analysis is all there is to it. Data analysis is the name given to the same thing that an analyst conducts for business purposes.
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Experience rapid business growth with GrowMaxBI – the ultimate digital transformation platform for FMCG/CPG companies. This powerful tool streamlines commercial operations and drives sales excellence by connecting companies with a robust distribution system. With features like convenient and speedy access, enhanced product reach, and efficient management of resources, GrowMaxBI acts as a virtual sales assistant to boost performance. Users can automate their sales management, analyze data, and predict future sales revenue for informed decision-making. Additionally, the platform enables quick identification and selection of channel partners, as well as strategic expansion through seamless mapping, evaluation, and management of processes.
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
Researched by Rajat Gupta