Asked by Melissa Castaneda on Sep 26, 2024

Predictions, projections, or estimates of events or conditions in the environment in which the organization operates refers to

A) forecasts.
B) company profiles.
C) trend analysis.
D) SWOT analysis.
E) reengineering.

Environment

The surrounding physical, natural, social, and cultural conditions in which an individual, organization, or community operates.

Forecasts

Predictions or estimates of future events or trends, typically based on analysis of data.

Trend Analysis

The practice of collecting information and attempting to spot a pattern, often used in financial markets, business intelligence, and research fields.

  • Familiarize oneself with the principle and kinds of estimates used in the strategic planning of enterprises.