Multiple Choice
A danger of forecasting discussed in the text is that
A) in most cases, the expense of collecting the necessary data exceeds the benefit
B) forecasting's retrospective nature provides little information about the future
C) managers may view uncertainty as "black and white" while ignoring important "grey areas"
D) it can create legal problems for the firm if regulators discover the company is making forecast
Correct Answer:
Verified
Correct Answer:
Verified
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