Predictions, projections, or estimates of events or conditions in the environment in which the organization operates refers to

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Forecasts are predictions, projections, or estimates of events or conditions in the environment in which the organization operates. Company profiles describe the characteristics of the organization itself. Trend analysis is the examination of past performance to predict future performance. SWOT analysis is an assessment of the organization’s strengths, weaknesses, opportunities, and threats. Reengineering is a process of redesigning and restructuring an organization to improve efficiency and effectiveness.

Predictions, Projections, or Estimates of Events or Conditions in the Environment