Forecasts Are Usually Classified by Time Horizon into Which Three

question 51

Multiple Choice

Forecasts are usually classified by time horizon into which three categories?

• A) short-range, medium-range, and long-range
• B) finance/accounting, marketing, and operations
• C) strategic, tactical, and operational
• D) exponential smoothing, regression, and time series
• E) departmental, organizational, and industrial

---

Definitions:

General Public

The collective of individuals in a society, often used to refer to the average consumers or citizens.

Board of Directors

A body of people chosen by stockholders to supervise and make significant decisions regarding the corporation's management.

Corporate Management

The executives and senior officials responsible for leading and managing a corporation, including its strategies, operations, and policies.

Day-To-Day Business

Refers to the regular, routine operations and activities carried out by a business or organization to maintain its function.