noun a strong request or need for something
verb to ask for something forcefully or urgently
In legal contexts, demand can refer to a formal request or claim for something, such as payment or performance of a contract.
In finance, demand can refer to the desire for a particular investment or financial product.
In business, demand forecasting is used to predict future customer demand for products or services.
In economics, demand refers to the quantity of a good or service that consumers are willing and able to purchase at a given price.
In marketing, understanding consumer demand is crucial for developing successful marketing strategies.
Demand planning is an essential aspect of supply chain management, ensuring that the right amount of products are available to meet customer demand.
In the publishing industry, writers must understand the demand for certain genres or topics in order to create marketable content that will sell well.
Psychologists may analyze the demand for mental health services in a particular area in order to determine the need for additional resources or programs.
Marketing managers must assess consumer demand for products or services in order to develop effective marketing strategies and campaigns.
Supply chain managers need to forecast demand for products in order to optimize inventory levels and ensure timely delivery to customers.
Financial analysts analyze demand trends for different investments or financial products to provide recommendations to clients or stakeholders.