General Studies · Forecasting
Arrange the following steps required for effective business forecasting in the correct logical sequence: A. Determine the time period of the forecast. B. Identify the objectives for which forecasting is done. C. Collect the required data. D. Select the right forecasting method in line with objectives and time frame. E. Implement the results for decision-making, evaluate periodically, and revise if required.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A, B, C, E, D
- 2B, A, D, C, E✓
- 3B, A, C, D, E
- 4A, B, C, D, E
Correct answer
B, A, D, C, E
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