Why Are Long Range Predictions Considered Essential to Managing a fiRm

Multiple Choice

Why are long range predictions considered essential to managing a firm?

A) To develop plans for possible new plants.
B) To have raw materials available for future demand
C) To develop plans for future financing.
D) To have enough staff for future needs.
E) To develop plans for possible new plants and future financing, to have raw materials available for future demands and to have enough staff for future needs.