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Task 2 - Performance and Skills Assessment General instructions You are required to perform a market analysis of current trends and developments and how they
Task 2 - Performance and Skills Assessment General instructions You are required to perform a market analysis of current trends and developments and how they affect an organisation. The Bounce Fitness case study will be used as the basis for your analysis. Refer to Bounce Fitness First Year Report found in Appendix 1 at the end of this document and the learner and complete all questions. Question 1: Market Trends and Development a) Describe how statistical analysis can help you to understand market trends and developments? (50-100 words) b) Briefly explain (in one or more sentences for each) the following forecasting techniques: (50-100 words) Bottom-up forecasting Delphi technique Surveys of intention Top-down forecasting
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