The top down approach to forecasting begins with a forecast for
A) the economy.
B) individual industries.
C) corporate profits.
D) a specific company.

Question

Quizplus · Accepted Answer

The top down approach to forecasting begins with a forecast for the economy because this will provide a framework for forecasting individual industries, corporate profits, and specific companies. This approach starts with a broad overview and then narrows down to the specific level.

The Top Down Approach to Forecasting Begins with a Forecast