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A Skeptical Manager Asks What Long-Range Forecasts Can Be Used

question 108

Essay

A skeptical manager asks what long-range forecasts can be used for. Give her three possible uses/purposes.


Definitions:

Growth Rate

The rate at which an organism or population increases in size, often measured as a percentage of increase over a specific period of time.

Death Rate

The ratio of deaths in an area to the population of that area; expressed per 1000 per year.

Birthrate

The number of live births per thousand of population per year.

Biotic Potential

The maximum reproductive capacity of an organism under optimum environmental conditions.

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