Prepare A One- Two Page Detail Paper. Research On The Internet 3

Question 2Prepare a one- two page detail paper. Research on the internet 3 companies that forecasting did not work. Explain why. What types of forecasting was used?In the first financial quarter of 2017, Starbucks failed to meet it sales forecast. The company had targeted $5.8 b illion revenue, and instead recorded only $5.7 billion. The company had also predicted a 3.9% sales increase but realized a 3% increase (Baertlein, 2017). The estimates were compiled by Consensus Metrix, an Indian based research company. The company used market research to estimate the sales trend of the company and the industry growth in general. However, the failure to meet the targets is associated the “congestion at drink pickup sites after adoption of mobile order-and-pay doubled to 1,200 restaurants from the fourth to first quarters”. Future forecast should therefore include an analysis of the capacity of the company to meet the expected rise in demand. Microsoft’s forecast also failed during the launch of Windows Vista. The company released Windows Vista on January 30, 2007 as a replacement for its record holding operating system Windows XP. Microsoft had predicted that about 50% of its customers would shift to the new product within the next