Why Are Long Range Predictions Considered Essential to Managing a Firm

question 106

Multiple Choice

Why are long range predictions considered essential to managing a firm?

• A) To develop plans for possible new plants
• B) To have raw materials available for future demand
• C) To develop plans for future financing
• D) All of the above

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Definitions:

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Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to acquired immunodeficiency syndrome (AIDS) if not treated.

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Learning that occurs outside formal schooling through experiences, social interactions, and exploration, without a standardized curriculum.

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Apprenticeship is a system of training a new generation of practitioners of a trade or profession with on-the-job training and often some accompanying study (classroom work).