Which of the following is a forecasting method that Swimco may rely on when generating predictions about its future?
A)scenario planning
B)professional consultants
C)strategic indicators
D)competitive indicators

Question

Quizplus · Accepted Answer

Scenario planning is a forecasting method that involves creating alternative possible future scenarios and analyzing their potential impact on the business. Swimco could rely on this method to generate predictions about its future. Professional consultants, strategic and competitive indicators may also be helpful in the forecasting process, but they are not specific forecasting methods.

Which of the Following Is a Forecasting Method That Swimco