Forecasting Cannot Be Done Without Mathematics

question 110

True/False

Forecasting cannot be done without mathematics.

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Definitions:

Nonprogrammed Decision

Decisions made in response to situations that are unique, are poorly defined and largely unstructured, and have important consequences for the organization.

Collaborative Computing

Technology-enabled processes that allow individuals and teams to work together more effectively, often in real-time, regardless of physical location.

Stakeholder Audit

An assessment process to identify and evaluate the interest, power, and influence of various stakeholders in relation to an organization’s objectives.

Knowledge Management

The method of acquiring, sharing, and efficiently leveraging information across a company.