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FORECASTING

This essay is based on Forecasting.Forecasting is defined as predicting the future to establish certain premises upon to which plan should be made.The essay has also discussed on methods ,advantage and disadvantage of forecasting.

Parametri
linguaggio inglese
numero di parole 1366 (ca. 3.5 pagine)
qualità del contenuto N/A
livello di linguaggio N/A
prezzo gratis
bibliografia 1
Sommario

1.0 DEFINATION 1
1.2 METHODS OF FORECASTING 2
1.3 ADVANTAGES OF FORECASTING 5
1.4 DISADVANTAGES OF FORECASTING 6

Anteprima della tesi: FORECASTING

FORECASTING 1.0 DEFINATION Forecasting is the probing the future to establish certain premises upon which a plan should be based. It involves statistical gathering and tabulation of information to derive meaning for prediction of the future. Forecasting can also be defined as the setting of objectives to be achieved as a means of guiding the way to where one wants to take the organization. ...





... is costly while gathering and analysis data. 5. It leaves room for loophole that the past may not be representative of the future. 6. There is lack of communication between users and prepares. 7. Failure to plan a progressive set of action to realize the company’s full potential for forecasting.
Tesi presente nelle categorie

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Studi Economici
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Amministrazione
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