​Which of the Following Forecasting Techniques Would Be Most Likely

question 53

Multiple Choice

​Which of the following forecasting techniques would be most likely to use the historical exchange rate data for the euro to predict the euro's future exchange rate?

• A) ​fundamental forecasting
• B) ​market-based forecasting
• C) ​technical forecasting
• D) ​mixed forecasting

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Definitions:

Systematic Change

A change that impacts an entire system, often involving significant restructuring or transformation of processes, policies, or practices.

Work Redesign

A medium-term strategy in which organizations focus on work processes and assess whether specific functions, products, and/or services should be eliminated.

Workforce Reduction

A short-term strategy to cut the number of employees through attrition, early retirement or voluntary severance packages, and layoffs or terminations.

Attrition

The gradual reduction in workforce numbers due to employees leaving naturally through resignation, retirement, or death, without intending to directly replace them.