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What Is the Difference Between Trend Analysis and Management Forecasts

Question 43

Multiple Choice

What is the difference between trend analysis and management forecasts?


A) Trend analysis is used to analyze the business environment and management forecasts predict labour needs.
B) Trend analysis uses organizational indexes and management forecasts utilize statistical techniques.
C) Trend analysis is quantitative and management forecasts are qualitative.
D) Trend analysis has proven success and management forecasts have major shortcomings.

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