Identify Two Advantages of the Moving Average Forecasting Model

question 146

Essay

Identify two advantages of the moving average forecasting model. Identify two disadvantages of the moving average forecasting model.

Realize the importance of a business plan's elements in securing financing.

Acknowledge the advantages and disadvantages of home-based businesses.

Grasp the criteria for small-business designation and related benefits.

Recognize the support role of the Small Business Administration (SBA) and Small Business Investment Companies (SBICs) in assisting small businesses.

---

Definitions:

Defense Mechanisms

Psychological strategies employed unconsciously to protect oneself from anxiety or to face reality, including denial, repression, and projection.

Pathological Personalities

Patterns of behavior or personality traits that are maladaptive, causing significant distress or impairment in functioning.

Interpersonal Control

The capacity of an individual to influence, manipulate, or control others in social interactions.

Confrontation

In therapeutic contexts, a technique where the therapist challenges a client's beliefs or behaviors to encourage insight and change, done in a supportive manner.