Top executives tend to focus their attention on which type of forecasts?
A) short-range
B) medium-range
C) long-range
D) weather
E) the forecast for the next day's absentee levels

Question

Quizplus · Accepted Answer

Top executives are responsible for strategic planning and decision-making that affects the long-term success of an organization. Therefore, they tend to focus their attention on long-range forecasts to guide their decisions for the future of the company. Short-range and medium-range forecasts are typically used by operational managers to make day-to-day decisions. Weather and absentee forecasts are useful for operational planning but are unlikely to be a top priority for top executives.

Top Executives Tend to Focus Their Attention on Which Type