Recent Research on Forecasting Techniques Indicates That Forecasting Accuracy Can

question 12

Essay

Recent research on forecasting techniques indicates that forecasting accuracy can be improved by combining the results of several forecasting methods, leading many to advocate the use of a composite forecasting model that includes both qualitative and quantitative factors. Using a product example and market setting of your choice, demonstrate how the use of a composite forecasting model can lead to more accurate forecasting.

---

Definitions:

Samurai Bond

A Japanese yen-denominated bond issued in Japan by a non-Japanese entity, aiming to attract investors based in Japan.

Bulldog Bond

A bond issued in the United Kingdom by foreign entities, denominated in British pounds, as part of international finance.

Subordinated Debentures

A type of debt instrument that ranks below other debts in case of liquidation or bankruptcy.

Debentures

A type of debt instrument that is not secured by physical assets or collateral but is based on the issuer's creditworthiness and reputation.