The Method for Predicting How Variables Will Change in the Future

question 8

Multiple Choice

The method for predicting how variables will change in the future is known as

• A)budgeting.
• B)buffering.
• C)forecasting.
• D)benchmarking.
• E)scanning.

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Definitions:

Fields of Experience

Areas or domains in which an individual or organization has gained knowledge or skills through direct involvement or practice.

Feedback Loop

A system used to gather and use information about a product's performance to make improvements or adjustments.

Source

The origin from which something comes, be it information, goods, or services.

Communication Process

The series of steps through which information is transmitted and received between sender and receiver.