A Long-Range Forecast Would Normally Not Be Used to

question 20

Multiple Choice

A long-range forecast would normally not be used to

• A)design the supply chain.
• B)implement strategic programs.
• C)determine production schedules.
• D)plan new products for changing markets.

---

Definitions:

Past Consequences

The outcomes or results that have occurred as a result of actions or events in the past.

Cognitive Psychology

The branch of psychology that studies mental processes including perception, thinking, memory, and judgment.

Freudian Psychology

A school of thought developed by Sigmund Freud that emphasizes the importance of unconscious processes in shaping behavior, thoughts, and emotions.

Structuralism

An approach in psychology that seeks to understand the structure of the mind by breaking down mental processes into their basic components.