One of the most important challenges facing managers is forecasting the level of productive capacity (fixed assets) needed in the long run to meet customer demand.

Question

Quizplus · Accepted Answer

Forecasting the level of productive capacity is indeed one of the biggest challenges faced by managers as it requires them to analyze market trends, consumer demands, technological advancements, and other factors to estimate the amount of fixed assets required to produce goods and services to meet future demand.

One of the Most Important Challenges Facing Managers Is Forecasting