A traditional approach to planning,mostly used before 1980,that often just extrapolates the past into the future is called:
A) Capital forecasting
B) Policy capturing
C) Environmental scanning
D) Long-range planning

Question

Quizplus · Accepted Answer

Long-range planning is a traditional approach that mainly focuses on forecasting and extrapolating past trends into the future. It is usually based on an assumption that the future will be similar to the past, and therefore, it relies on historical data and trends to make predictions. This approach was commonly used before the 1980s when the significance of environmental scanning and future uncertainty became more evident.

A Traditional Approach to Planning,mostly Used Before 1980,that Often Just