What is Forecasting? Meaning
Forecasting is a process of predicting or estimating the future based on past and present data. Forecasting provides information about the potential future events and their consequences for the organisation. It may not reduce the complications and uncertainty of the future. However, it increases the confidence of the management to make important decisions.
Thursday, 18 August 2011
What is Forecasting? Meaning Features Steps Importance
Posted on 12:51 by Unknown
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