A measure of forecast error that does not depend upon the magnitude of the item being forecast is the ________

Fill in the blanks with correct word

mean absolute percent error (or MAPE)

Business

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During the past two decades, the world economic environment has become increasingly dynamic. To achieve success, executives and marketers must take into account all of the following realities except:

A) capital movements have replaced trade as the driving force of the world economy. B) production has become "uncoupled" from employment. C) the world economy dominates the scene. D) the struggle between capitalism and socialism continues. E) the growth of e-commerce diminishes the importance of national barriers.

Business

Conclusive research is based on the assumption that the researcher has an accurate understanding of the problem at hand

Indicate whether the statement is true or false

Business