The goal of forecasting is to provide managers with __________.
A) accurate predictions of trends and events
B) decisions about what customers will be demanding and when
C) information about the dynamics of environmental change
D) information that will facilitate decision making
E) accurate predictions in dynamic environments

Question

Quizplus · Accepted Answer

The goal of forecasting is to provide managers with information that will facilitate decision making. Accurate predictions of trends and events, decisions about what customers will be demanding and when, and information about the dynamics of environmental change are all important components of this information, but ultimately the goal is to help managers make better decisions.

The Goal of Forecasting Is to Provide Managers with __________