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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1940 |
Essay's paper body
It is best to look at specific tasks in today's aspect in business. While current economic forecasts may still seem to some to be mystically derived, today's economic forecasters tend to rely more on data, computer models, and economic theories. However, forecasting has become an important part of planning for any other business...
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However, forecasting has become an important part of planning for any other business. For example, sales forecasts impact the inventory of finished goods and raw materials, the need for some types of personnel, space requirements, and financing, among other things. Macroeconomic forecasts may influence whether and where a business decides to expand, and the type and amount of financing that is used...
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General points of the essay
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