What Is Trend Analysis

question 24

Multiple Choice

What is trend analysis?

• A) When numerical data are available, a trend can be plotted to display changes through time and into the future
• B) A trend is examined to identify its nature, causes, speed of development, and potential impacts
• C) Trends viewed as particularly important in a specific community, industry, or sector are carefully monitored, watched, and reported to key decision makers
• D) Complex systems can be modeled by means of mathematical equations and different scenarios can be run against the model to determine "what if" analysis

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Definitions:

Subcultural Groupings

Divisions within a larger culture, distinguished by their unique values, norms, and lifestyle.

Smaller Society

represents a community or group of people that is smaller in size, often characterized by closer personal relationships and potentially more cohesive norms and values.

Large Organization

A company or enterprise characterized by a large scale of operations, extensive administrative structures, and a significant number of employees.

Organizational Culture

The collection of values, expectations, and practices that guide and inform the actions of all members within an organization.