Question

How to predict sales growth of rubber industry using external and internal factor

Answer 1

Sales growth of rubber industry can be estimated using internal factors by use of the micro factors like demand in the overall sales of the company and we will be trying to check upon the trends of the revenues and we will also try to check upon the trends of the decrease in the cost so we will understand the growth of the sales due to shrinking of the cost and increase of the revenues which will be leading to increase of the profits of the company.

internal factors will be including industry specific factors which will be leading to change in the demand and supply pattern of the rubber which will be leading to change in the overall sales of the company and it will provide us with the trends regarding the amount of sales of the company.

external factors will be including all such regulations which has been formulated by the government in order to boost sales of rubber and which will be either subsidizing The rubber industry or providing it with more equipments in order to maximize the overall sales and maybe they have implemented some policies in order to export these rubber out of the country so it will be leading to increase in the overall sales and it should be increased in the cells due to the macro factors so these are the external factors due to which increase in sales of rubber can be justified.