A key purpose of forecasting is to determine the demands that workers are likely to make for higher wages and better working conditions.

Question

Quizplus · Accepted Answer

While forecasting may involve predicting future trends and economic conditions that could impact workers' demands for higher wages and better working conditions, this is not a key purpose of forecasting. The primary purpose of forecasting is usually to aid in decision-making and planning by providing insight into expected future conditions and trends for various factors such as sales, production, and resource availability.

A Key Purpose of Forecasting Is to Determine the Demands