One of the Characteristics of Forecasts Is

question 74

Multiple Choice

One of the characteristics of forecasts is

• A)aggregate forecasts are usually more accurate than disaggregate forecasts.
• B)disaggregate forecasts are usually more accurate than aggregate forecasts.
• C)short-term forecasts are usually less accurate than long-term forecasts.
• D)long-term forecasts are usually more accurate than short-term forecasts.

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Definitions:

Henry Mintzberg

A distinguished expert in management theory, recognized for his contributions to organizational frameworks, strategic planning, and the efficacy of management.

Arranging Coordinated Activities

Organizing and managing different tasks or actions to work together efficiently towards a common goal.

Management Function

A set of activities such as planning, organizing, leading, and controlling directed towards an organization's resources to achieve its objectives.

Informational Roles

The roles played by individuals, especially leaders, in collecting, sharing, and analyzing information within an organization.