FORECAST OF ECONOMIC INDICATORS OF A COMPANY FROM RETAIL FOOTWEAR
Autor (i): Podaşcă Raluca
JEL: M10, M20
Cuvinte cheie: forecast, turnover, profit, footwear industry
Abstract:
The analysis of economic processes and phenomena aims knowledge of their trend and repeatability that they manifest in different times and over a period. This analysis is fundamental to making forecasts for future changes that will be recorded by the analyzed processes and phenomena. Nowadays, economic activity become more complex, the economic correlations between phenomena multiplies and diversifies so forecasting activities is an imperative and indispensable condition to substantiate decisions. The financial crisis and the entry of a large number of foreign players have changed the balance of power in local retail footwear. In 2015, Deichmann took over the leadership. In contrast, Leonardo SRL company which operated chain stores with the same name became bankrupt after almost two decades of leadership (1994-2013).
The analysis of economic processes and phenomena aims knowledge of their trend and repeatability that they manifest in different times and over a period. This analysis is fundamental to making forecasts for future changes that will be recorded by the analyzed processes and phenomena. Nowadays, economic activity become more complex, the economic correlations between phenomena multiplies and diversifies so forecasting activities is an imperative and indispensable condition to substantiate decisions. The financial crisis and the entry of a large number of foreign players have changed the balance of power in local retail footwear. In 2015, Deichmann took over the leadership. In contrast, Leonardo SRL company which operated chain stores with the same name became bankrupt after almost two decades of leadership (1994-2013).
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