If microforecasting is also known as selectivity, macroforecasting is also known as
A) diversification
B) intermediation
C) globalization
D) timing

Question

Quizplus · Accepted Answer

Macroforecasting focuses on predicting patterns and trends in the overall economy, rather than specific segments or individual organizations. Timing is an important aspect of macroforecasting because it involves predicting when these trends will occur and how they will affect different sectors of the economy. Diversification, intermediation, and globalization are not necessarily related to macroforecasting.

If Microforecasting Is Also Known as Selectivity, Macroforecasting Is Also