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Explain the importance of forecasting.What are the pros and cons of relying solely on past performance to predict future performance?
Rapa Nui
The indigenous name for Easter Island, known for its monumental statues called moai, created by the early Rapa Nui people.
Poverty Bay
A bay on the east coast of the North Island of New Zealand, known for its historical significance and as the first landing place of Captain James Cook in New Zealand.
Caroline Islands
A widely scattered archipelago in the western Pacific Ocean, comprising both the Federated States of Micronesia and Palau.
East Sepik
A province in Papua New Guinea, recognized for its rich cultural tapestry, intricate art traditions, and the Sepik River, a significant cultural and environmental landmark.
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