True/False
Forecasting is a process of making quantitative or qualitative predictions about what will happen in the future; yet in the final analysis, forecasting is subject to error because it always relies on human judgment and interpretation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q79: Morrison Associates, a law firm, encourages its
Q83: In business, tactical plans often take the
Q95: When job performance is difficult to quantify,
Q97: _ is the process of setting objectives
Q203: Which of the following statements best distinguishes
Q206: Nimble Industries operates as a labelling and
Q207: In which phase of the planning process
Q209: A fixed budget is defined as one
Q210: _ identifies alternative courses of action to
Q212: Operational plans define what needs to be