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Most people plan their leisure time ahead according to the weather forecast. You might not want to go to the beach in a rainy day for example.
The other importance of the forecast are the storms and hurricanes. Imagine a hurricane all of a sudden in your neighborhood. Not good, right? The weather forecast will let you know about hurricanes with enough time to prepare your home or evacuate if needed.
Vada Boyer
Wiki User
∙ 11y agoFinancial forecasting is very important in any organization because it can be used for budgeting as well as planning purposes. Financial forecasting is a continuous process that continues year after year with well thought-out decisions. Forecasting looks into the future for what is anticipated in the years to come and can be made from current year and prior year budgets. Forecasting is also used to estimate requirements that will be necessary for the years to come. Financial forecasts offer results that are expected because of situations that have happened in the past.
Forecasting is also important when it comes to developing new products or new product lines. It helps management decide whether the product or product line will be successful. Forecasting prevents the company from spending time and money developing, manufacturing, and marketing a product that will fail.
Stockholder expectations highlight another reason behind the importance of forecasting. Public companies experience scrutiny and pressure for short-term performance from investors. Operational results will be examined by investors and investment analysts, and actual results that differ from forecasts will be bad for the company and its stock price.
Wiki User
∙ 11y agoghyhyhgh
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Why weather forecasting important?
In The Online World It Says That, "Weather forecasting is important for a number of reasons. The first, main reason is that it saves lives. Weather forecasting helps when things like natural disasters occur such as tornadoes, floods, hurricanes, ect. For example, people who live near the water need to know if there is a hurricane coming towards them in advance so they can prepare for it and evacuate. Weather forecasting can predict when those natural disasters are imminent. The more warning people have the better they can prepare and the least likely they are to die due to such natural disasters. It can also tell you what weather you have coming within the next 5-7 days so you know how to dress.
Why are the movements of fronts so important for predicting the weather?
The movements of fronts are so important for predicting weather. This is because fronts are one factor of weather patterns.
How is the tornado weather related or geologic in nature or caused by humans?
Tornadoes are spawned by thunderstorms and so are weather-related.
Why is the barometric trend important to know?
The Barometric Trend is important to know so as to be able to tell air pressure. If the air pressure is high, the weather will be sunny, but if the air pressure is low, the weather will be cloudy.
Why is it important to track weather?
It is important so that weather can be predicted in advance. Just about everyone everyday is affected by weather, and often make decisions based on what the weather will be. There is a financial element to this as well, with most forms of commerce in some way affected. In fact, the US's National Weather Service is located within the Department of Commerce for this reason. If weather could not be predicted, many billions of dollars would be lost each year as a result.
Why is weather forecasting is important?
because this can predict what's will happen to us。so we can make a preparation for it 。 http://www.udtek.com
Why is weather forecasting important to the maritime industry?
Storms pose a hazard to ships and boats, so weather forecasts are necessary for them to avoid dangerous weather. Many ships have been sunk by storms.
Why weather forecasting important?
In The Online World It Says That, "Weather forecasting is important for a number of reasons. The first, main reason is that it saves lives. Weather forecasting helps when things like natural disasters occur such as tornadoes, floods, hurricanes, ect. For example, people who live near the water need to know if there is a hurricane coming towards them in advance so they can prepare for it and evacuate. Weather forecasting can predict when those natural disasters are imminent. The more warning people have the better they can prepare and the least likely they are to die due to such natural disasters. It can also tell you what weather you have coming within the next 5-7 days so you know how to dress.
Explain factors that make forecasting a particular challenge?
why is forecasting so important to companies and how does it have an effect on financing
Why weather forecasting is good for aircraft pilots?
So they know if it's safe for them to fly.
What was Zeus good at?
Zeus was considered to be a god and control weather and storms so my guise is forecasting ;)
What is the important of forecasting?
Forecasting is important because it helps managers prepare for changes in their industry. With the right forecasting, companies can have the products their consumers want with out any shortages or overages.
Why are maps so important to humans?
so we know where we are going! i.e direction
Why is weather forecasting tricky even with current technology?
because there are so many variables which affect weather it is all but impossible to predict the future movements of earth climate
Why are the movements of fronts so important for predicting the weather?
The movements of fronts are so important for predicting weather. This is because fronts are one factor of weather patterns.
Why weather is important to is?
So we can get wet
Why is salt important important to humans?
its important so you can live
