ECO 550 Week 3 Discussion Question
ECO 550 Week 3 Discussion Question
âManaging in the Global EconomyâPlease
respond to the following:
From the scenario,
assuming the absence of quantitative data, determine the qualitative techniques
that could be used within this scenario. Now, assume you have acquired some
time series data that would enable you to make short, medium, and long term
forecasts. Ascertain the quantitative technique that will provide you with the
most accurate forecast. Provide a rationale for your responses.
Aside from maximizing
profits, develop guidelines that list the key factors that managers should
consider when deciding whether or not to outsource or integrate forwards or
backwards. Determine the key factors that you believe to be the most
influential. Provide a rationale for your response