Question

Which of the following type of forecasting is greatly used by MNCs for prediction of future value?

a.

Technical Forecasting

b.

Fundamental Forecasting

c.

Market Based Forecasting

d.

Regression Forecasting

Answer: (a).Technical Forecasting Explanation:MNCs (Multinational Corporations) greatly use technical forecasting for the prediction of future value. Technical forecasting involves the use of historical data and time series models to predict future values.

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Q. Which of the following type of forecasting is greatly used by MNCs for prediction of future value?

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