Homework SourseWhy is it important to identify the key drivers before creat
Why is it important to identify the key drivers before creating a driver based forecast
Why is it important to identify the key drivers before creating a driver based forecast
Solution
Driver based forecasting is the identification of key drivers of the business and the forecasts are based on these drivers. The components of the revenues and expenses are considered as operational drivers.
Drivers identification is important because of following reasons:
