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) the retrospective nature of forecasting provides little information about the future.
C) it can create legal problems for the firm if regulators discover the company is making forecasts.
D) managers may view uncertainty as black and white while ignoring important gray areas.
Correct Answer:
Verified
Correct Answer:
Verified
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