BUSA 3015 Business Forecasting
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This BUSA 3015 Business Forecasting unit explores business forecasts by looking at the organization's planning process, the environment for business forecasts, using qualitative and quantitative information to predict critical variables and the basic aspects of making forecasts. Quantitative forecasting usually uses spreadsheets and simple statistical procedures, which can be easily applied to business environments. Upon successful completion, you will be able to
- Identify and explain the need and use of forecasts in the business environment.
- Select and apply quantitative and qualitative forecasting methods for business use.
- Demonstrate business knowledge of spreadsheets and statistical software to make business forecasts.
- Strictly review the business environment and transform relevant data to provide guidance to stakeholders.
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