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As a business person when I focus on profit I must look on previous statistical data in order to have an idea on what happen in the previous years. Example on the Competition of the product: As a Business person I must look on my competitors and get statistical data to know I can complete with them and plan for the new strategy in order to win the market. Forecast: As a business person I have to have forecast on my future business, therefore I have to have proper data which will help me in providing good and accurate estimates. I have also to make sure that I maintain proper statistical data which will help me in managing my business properly.

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16y ago

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