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Think of all the examples of forecasting experience on a regular basis; such as the weatherman on...

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General Management

Think of all the examples offorecasting experience on a regular basis; such as the weathermanon TV each night.
Now, considering the technology we have at our disposal today, whycan't we get a "Perfect" forecast?

Response to this question must be350-500 words.

Answer & Explanation Solved by verified expert
4.2 Ratings (710 Votes)
Generally people feel that they can forecast everything perfectly but it is not possible and applicable to some situations only and even there is no guarantee for those situations every time For example a manager can forecast the demand for a product based on the previous experience or previous sales but there is no assurance for sales improvement sales may be increased or decreased We can    See Answer
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