i. Explain the importance and use of a forecasting in
organisations 5 Marks
ii. List the various variables that modern forecasters apply in their forecasting, and explain why these are used- 5 Marks
iii. Identify the different levels that forecasting of business trends takes place. 3 Marks
iv. Give 3 examples where long-range forecasting can be used
v. Do you think forecasting is always correct and accurate?
Discuss this assertion in detail- 9 Marks