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It Is Important to Question the Reliability of Forecasts Because

Question 103

Multiple Choice

It is important to question the reliability of forecasts because


A) if predictions are too low, a company like Motel 6 might build too many units and thus have a surplus of capacity.
B) uncertainty is black and white, and therefore the gray areas are unimportant.
C) underestimating uncertainty can lead to good competitive strategies.
D) the growth new industries, such as that of telecommunications, cannot be predicted.

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