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Bias Exists When Forecasts Tend to Be Greater or Less

question 59

True/False

Bias exists when forecasts tend to be greater or less than the actual values of time series.

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Definitions:

Question Marks

Business units or products with low market share in high-growth markets, requiring decisions about investment to improve position or divestiture.

Grow Or Retrench

A strategic decision companies must make between expanding their operations or reducing their scale to focus on core competencies.

Upside Potential

The potential or possibility for an investment, project, or venture to increase in value or profitability.

Stars

High-growth and high-market share items or businesses that require large investments to maintain their leadership but generate substantial cash.

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