Regardless of the forecasting method utilized,________ should be applied before making decisions.
A)management control systems.
B)HRIS data.
C)managerial judgment.
D)changing market conditions.
E)changing economic conditions.

Question

Quizplus · Accepted Answer

Regardless of the forecasting method used, managerial judgment should be applied before making decisions. This is because forecasting is not a perfect science and there may be limitations or errors in the data used or the chosen method. Therefore, incorporating managerial judgment can help ensure that decisions are made with a realistic understanding of the limitations of the forecast.

Regardless of the Forecasting Method Utilized,________ Should Be Applied Before