Ted, a manager at Global Manufacturing, is analyzing trends in economic variables to predict future exchange rates that might affect the MNE's international operations.Which of the following is Ted most likely doing?
A)fundamental forecasting
B)technical forecasting
C)resource forecasting
D)economic forecasting

Question

Quizplus · Accepted Answer

Ted is analyzing economic variables to predict exchange rates, which is a part of fundamental forecasting. Fundamental forecasting involves analyzing economic variables, financial statements, and industry trends to make predictions about the future performance of a company or a market. Technical forecasting, on the other hand, relies on analyzing historical market data and charts to predict future trends, which is not what Ted is doing. Resource forecasting and economic forecasting are not directly related to predicting exchange rates.

Ted, a Manager at Global Manufacturing, Is Analyzing Trends in Economic