Many Companies Are Shifting from Long-Term to Short-Term Forecast for Strategic

question 25

True/False

Many companies are shifting from long-term to short-term forecast for strategic planning.

---

Definitions:

Effective

Relating to the ability to successfully achieve a desired or intended result.

Physical Principles

Fundamental concepts or laws that govern the physical behavior of the universe, such as gravity, thermodynamics, and electromagnetism.

Mental Images

Visual representations in the mind that are not currently being perceived, often used in memory and problem-solving.

Structural Equivalence

A concept often used in network analysis and sociology, referring to the degree to which entities in a network have a similar pattern of connections to others, irrespective of the entities' individual attributes.