Business forecasting in the 21st century

Article Abstract:

Forecasting as done by prophets and seers in the past used vision to make prophecies about the future, as it was believed they had a perfect vision. However, the professionals today are more scientific and the forecasts are based on facts, crystallized by statistical tools and enchanced by informed judgement.

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Business forecasting practices in 2003

Article Abstract:

The latest trends in business forecasting practices in 2003 are reported. The results of the survey of Institute of Business Forecasting on the main process related issues are detailed.

Management dynamics, Management, Company business management

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Benchmarking forecasting models

Article Abstract:

The process of setting standards to business forecasting models is discussed.

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