Which of the following is not an example of forecasts being used in a business organization?
A)how the organization should be structured
B)equipment replacement needs
C)timing and amount of funding needs
D)hiring activities
E)pricing and promotion

Question

Quizplus · Accepted Answer

Forecasting in business typically involves predicting future aspects related to market demand, sales, costs, and financial outcomes. Organizational structure decisions are more strategic and involve considerations beyond what typical forecasting models can provide, such as leadership, culture, and operational efficiency, rather than predictive analytics based on historical data.

Which of the Following Is Not an Example of Forecasts