Forecasting for decision making


Assignment:

Question 1. Social Responsibility

There are varying views on corporate social responsibility and entrepreneurs must reconcile their social obligations with the need to earn profits. How do you, as an entrepreneur, view your company's ethical obligation to stakeholders? Describe three practical approaches you would use for building a socially responsible business.

Question 2. Forecasting for Decision Making

Identify four key areas you need to forecast? Why did you select those four areas? What forecasting techniques will provide you with the appropriate information you will need in making decisions?

Write each answer in 200 to 250 words.

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Business Management: Forecasting for decision making
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