As Forecasts Are Usually Only Accurate for the Short Term,forecasts

question 60

True/False

As forecasts are usually only accurate for the short term,forecasts are not useful in long-term capacity decisions.

---

Definitions:

Little or No Association

A statistical term indicating minimal to no correlation between two variables.

Sales

The activities or transactions involved in the selling of goods or services in exchange for money or other compensation.

Marketing

The business process of promoting, selling, and distributing a product or service, including market research and advertising.

Graduation

The act of receiving or conferring an academic degree or the completion of a course of study at a university, college, or school.