In determining how interest rates will change the future,a manager would use

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Forecasting is the best choice for determining how interest rates will change in the future. Forecasting is the process of predicting future outcomes based on past events and current trends. A manager can use historical data and economic indicators to predict future interest rate movements. Budgeting is more focused on planning for and allocating resources in the present, while scenario development and environmental scanning are broader strategic planning processes that may consider interest rates as a factor but do not specifically focus on predicting their future movements. Benchmarking involves comparing performance to industry standards and may not directly address interest rates at all.

In Determining How Interest Rates Will Change the Future,a Manager