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This question is about careers.
What is a backlog in business?
A backlog in business is a term that refers to a buildup of tasks that have yet to be completed.
Backlogs generally carry a negative connotation as they can represent work that has not been completed in the timeframe it should have been.
However, there are certain scenarios when a backlog can be positive.
For example, an increasing backlog of product or service orders can increase sales.
On the negative side, if a public company has a backlog, this can impact the company's shareholders because the backlog could harm the company's future profits. Backlogs can also show that an organization cannot meet a specific demand.
Sudden backlogs can also have the adverse effect of compromising certain business forecasts and production schedules.
A backlog can also be categorized as a current workload that exceeds the existing production abilities of a company or organization.
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