Sarah, a Manager at Farley Enterprises, an MNE with Operations

question 37

Multiple Choice

Sarah, a manager at Farley Enterprises, an MNE with operations in Asia, Europe, and North America, is using past trends in exchange rate movements to spot future trends.Which type of forecasting approach is Sarah most likely using?

• A)fundamental
• B)technical
• C)application
• D)economic

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Definitions:

Soft Scenarios

Plausible stories about how the future might unfold, often used in strategic planning to explore different potential outcomes.

Time Series Forecast

The use of historical data to predict future events or trends, often through the analysis of patterns over time in areas such as sales, stock prices, or weather.

Office Manager

A professional responsible for overseeing administrative tasks in an office, ensuring smooth operations and facilitating communication among staff.

Trend Analysis

The examination of historical data to identify patterns, which can be used to forecast future movements.