The current issue of a popular business periodical predicted a global economic downturn. The periodical attributed the downturn to a predicted increase in the inflation rate. This report is an example of _____.
A) benchmarking
B) scenario planning
C) contingency planning
D) staff planning
E) forecasting

Question

Quizplus · Accepted Answer

The report is an example of forecasting, which involves using past data and current trends to make predictions about future events or trends.

The Current Issue of a Popular Business Periodical Predicted a Global