Customer Service Chat
Get quote & make Payment
Process for making informed predictions, management, Management Theories
Process for making informed predictions
Informed predictions are made by the help of strategic planning process and there are three steps to successfully make the informed predictions such as:
The first step discuss about the variables which is required and needed to identify by the people.
The second step is to focus on the market research and to conduct the market research and the third step complies to make the informed prediction is based on the knowledge, experience, judgment and is based on the findings and result of the research that has been conducted in the market place.
This would be clearer by giving a certain example such as: when the group of people planning to go for a long business trip then make informed predictions such as the types of clothes they will need in the visit whether formal, casual or informal, the type of food they will get, they will assume whether they will require winter clothes or summer clothes, if winter, then what will the quantity of clothes? They will also predict if they will require two businesses / corporate suit or three? They presume that what is required in meetings and they also assume and predict that what they require in those meetings and so on, this is the process of informed predictions.
Posted Date: 2/6/2012 11:07:38 PM | Location : United States
Ask an Expert
Process for making informed predictions, management, Assignment Help, Ask Question on Process for making informed predictions, management, Get Answer, Expert's Help, Process for making informed predictions, management Discussions
Write discussion on Process for making informed predictions, management
Your posts are moderated
Write your message here..
The higher reliability, Nitin's production line has three machines A, B, a...
Nitin's production line has three machines A, B, and C, with Reliabilities of 0.99. 0.96, and 0.93, respectively. The machines are arranged so that if one breaks down, the others
Solve the following mixed equation, 22+77)*56-54=
Applied Management Project, I need assistance wriitng a literature review. ...
I need assistance wriitng a literature review. with an analysis and conclusion.
Corporate governance, Corporate Governance, important characteristic of wel...
Corporate Governance, important characteristic of well managed enterprises, assures high standards of transparency, ethical operating practices, accountability and professional man
risks of the strategy and product, Yanni and Joanna require some investmen...
Yanni and Joanna require some investment advice. Joanna has sold $660,000 worth of Woolworths Limited (WOW) shares that she inherited late previous financial year. She has $616,000
Formal theroy, how did the industrail revelution increase the need of forma...
how did the industrail revelution increase the need of formal theroy
How formulate or prob, for an investment.maximum capital is 280 and maximum...
for an investment.maximum capital is 280 and maximum risk is 10%. with the following information,formulate the problem(linear programming) option return capital reqired risk a
#tidiscuss the managerial process and illustrate with dtle.., discuss the m...
discuss the managerial process and illustrate with diagram
Leadership style and affect on performance , #questiwhether leadership st...
#questiwhether leadership style can impact positively on the performance of an organization? And to know the arguments for and against this proposal? Plus providing clear eviden
Quatitative technique in management, How has quantitative analysis changed ...
How has quantitative analysis changed the current scenario in the management world today.
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.