Which of the Following Might Be Used to Develop an Estimate

question 79

Multiple Choice

Which of the following might be used to develop an estimate of the cyclical component of a forecast?

• A)leading variable
• B)mean squared error
• C)Delphi technique
• D)exponential smoothing
• E)mean absolute deviation

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Definitions:

Corporate Strategy

The overarching strategy of a company, focusing on overall direction, resource allocation, and long-term objectives.

Allocate Resources

The process of distributing available resources, such as funds, materials, and labor, among various projects or departments to achieve organizational goals.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Complexity

The state or quality of being intricate or complicated, which can arise from numerous interconnected parts or variables.