A major reason that forecasting is so important in business is that
a. customers often demand forecasts before they purchase equipment.
b. forecasts accurately describe a company's history.
c. forecasts are good for spotting errors in current operations.
d. spotting trends can give you an edge over the competition.
Ans: d. spotting trends can give you an edge over the competition.
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U.S. sugar import quotas have existed for more than 50 years and preserve about half of the U.S. sugar market for domestic producers. Why does the United States continue to have these quotas?
A) to reduce competition for its domestic sugar industry B) to increase the cost of sugar C) to control the supply and demand for sugar D) to support a mass market for sugar E) to improve the promotion of sugar
GIF and PDF formats are:
A) impossible to change. B) used to change documents. C) not easily changed. D) none of the above.