Managers require good forecasts of economic indicators for financial planning and making sound decisions.

Managers require good forecasts of economic indicators for financial planning and making sound decisions. Economic indicators may include sales, consumer behavior, demographics, interest rates, and inflation.

Qualitative and judgmental techniques rely on managerial experience and intuition.

Pick an industry that’s entirely new, but of interest to you, and precisely apply your chosen forecasting technique, describing/discussing a specific managerial application or scenario for its use.