Forecasting into distant future periods
A) is unreliable
B) is expensive
C) is easy
D) assumes changing data patterns

Question

Quizplus · Accepted Answer

Forecasting into distant future periods is considered unreliable because of the high level of uncertainty and unpredictability. Factors such as disruptive technologies, economic changes, and natural disasters can significantly influence future outcomes, making it difficult to accurately predict outcomes beyond a certain point in time.

Forecasting into Distant Future Periods