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When do apply forecasting?

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Anonymous

13y ago
Updated: 8/20/2019

Forecasting can be ideal when placed or considered on planning, this actually get in before the actual business running. This will help to predict the uncertainties likely to be faced by business.This will help firms to cope up with challenges when they occur. Forecasting in business can enhance mitigation,preparedness which will enhance response and rehabilitation when running a business.So it is ideal to apply forecasting on objective formulation.

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Wiki User

13y ago

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