Like if the actual sales are at a much lower level in comparison to the projected numbers, then the causes need to be investigated such as changes in the market scenario or operational inefficiencies will be helpful for future strategizing.

Breaking down financial data into segments, like product lines, departments, or geographical locations, can help you identify key insights. It will be able to point out which segments are performing well and which are not. It helps businesses to use resources more effectively and develop strategies according to the specific needs of the market.

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