Answer :

ayesharahman2

Answer:

ways to manage poor forecasting are-

1. ensure opportunities are realistic and achievable

2. regularly revisit the long-term forecast

3. improve bad data and bad input

4. improve sales forecast with a mix of art and science

5. track competitor promotional offers

6. develop a flexible process

7. set aside time

8. don't get too complicated.

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Baraq

There are different ways to manage poor forecasting in business, some of which include the following:

  • Confirm that the opportunities are rational and feasible;

  • Constantly evaluate the long-term prediction;

  • Analyze and rearrange poor data and input;

  • Assess sales forecast using methodical approach;

  • Create a method to monitor competitor promotional offers;

  • Build creative process, etc.

Poor forecasting in business can affect investment and business operation negatively.

Hence, in this case, it is concluded that there are different ways to manage poor forecasting in business.

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