Forecasting: Discover the methods behind

Discover the methods behind financial forecasts and the risks inherent when we seek to predict the future. Forecasting involves making educated guesses about future events that could affect a company. Businesses can predict sales, finances, customer demand, and market changes by examining past data, trends, and patterns. Forecasting helps companies make decisions, plan, and manage risks. Learn about the process, methods, and applications of forecasting in business. Explore qualitative and quantitative forecasting techniques, demand patterns, time series analysis, and forecast accuracy. Forecasting has always been at the forefront of decision making and planning. The uncertainty that surrounds the future is both exciting and challengi…