Which Would Not Generally Be Considered a Feature Common to All

question 144

Multiple Choice

Which would not generally be considered a feature common to all forecasts?

• A)An assumption of a stable underlying causal system.
• B)Actual results will differ somewhat from predicted values.
• C)Historical data is available on which to base the forecast.
• D)Forecasts for groups of items tend to be more accurate than forecasts for individual items.
• E)Accuracy decreases as the time horizon increases.

---

Definitions:

Technical Specialists

Individuals who have extensive knowledge and skills in a specific technical area, contributing their expertise to improve organizational processes or products.

Labor Relations

The study and practice of managing relationships between employers and their workforce, particularly in unionized contexts.

European Nations

The sovereign states located on the European continent, each with its distinct government, culture, and legal system.

Strategic Alliance

A formal agreement between two or more entities to pursue a set of agreed-upon objectives while remaining independent organizations, often used in the business world to leverage complementary strengths.