The Forecast Value for July Was 210 and the Actual

question 1

Multiple Choice

The forecast value for July was 210 and the actual value turned out to be 195.The researcher is using exponential smoothing and determines that the forecast value for August is 206.25.Then he is using α = ______.

• A)0.35
• B)0.32
• C)0.30
• D)0.25
• E)0.22

Comprehend how social media and mobile devices have transformed business communication.

Distinguish between formal and informal communication channels in an organization.

Learn the appropriate use of e-mail in organizational communication along with guidelines for its effective use.

Identify the continuous loop of communication and understand the barriers that may interrupt this loop.

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Definitions:

Iron Ore

A rock or mineral from which iron can be extracted for commercial use, typically the primary input in steelmaking.

Sourcing Decision

The process of selecting suppliers to provide goods or services needed by a business.

Supply Chain

The sequence of processes involved in the production and distribution of a commodity, from raw materials to delivery of the finished product to the consumer.

Lower Tariffs

Reducing taxes or duties to be paid on imported goods, usually to encourage international trade.