Forecasting is used less frequently by small firms than by large firms.

Name: Forecasting is used less frequently by small firms than by large firms.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Forecasting requires significant resources and expertise, which may be a challenge for small firms with limited resources. Large firms, on the other hand, have greater access to resources and may find it more beneficial to invest in forecasting to improve decision-making and planning.

Forecasting Is Used Less Frequently by Small Firms Than by Large