What type of pattern will businesses in many industries, including cosmetics, see when they look back on demand from the last few months and think about forecasting for future periods?

Words: 146
Pages: 1
Subject: Business

Title: Coronavirus has fundamentally changed the beauty and blogging businesses?

Will beauty bounce back? In the midst of the COVID 19 lockdown, many people are not spending as much time or money on some of the daily routines like shaving, hair styling, or elaborate makeup. Many beauty purchases revolve around going out and socializing, which the current crisis has curtailed. Forecasting for the beauty industry in the upcoming months may prove challenging, as much remains up in the air.

1. What changes in demand have the beauty industry experienced in recent months?

2. What type of pattern will businesses in many industries, including cosmetics, see when they look back on demand from the last few months and think about forecasting for future periods?

3. What should be done with irregular variation when companies develop future forecasts?

4. What type of recovery is the beauty industry expected to make?

 

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