When analysts develop feasible projections of future events and how quickly they will occur based on observed changes and trends,they are engaged in:
A) Scanning
B) Monitoring
C) Forecasting
D) Assessing

Question

Quizplus · Accepted Answer

Forecasting is the process of developing projections or estimates of future events and trends based on observed changes and trends. This involves using data analysis and modeling techniques to determine the likelihood of certain outcomes occurring within a given timeframe. Scanning and monitoring involve gathering and analyzing information, but they do not necessarily involve making predictions about the future. Assessing typically involves evaluating information or the impact of past events, rather than projecting future trends.

When Analysts Develop Feasible Projections of Future Events and How