A skeptical manager asks what long-range forecasts can be used for. Give her three possible uses/purposes.

  1. The three possible purposes could be:
  2. Long range forecast can help us in planning our expansions. Expansion is not something that is done overnight and requires long term planning and forecast.
  3. It can help us do a thorough research for our future activities and achieve development goals.
  4. It can help us in planning new product that are yet to be introduced in the market.

Give her three possible uses/purposes.

  1. The three possible purposes could be:
  2. Long range forecast can help us in planning our expansions. Expansion is not something that is done overnight and requires long term planning and forecast.
  3. It can help us do a thorough research for our future activities and achieve development goals.
  4. It can help us in planning new product that are yet to be introduced in the market.