ECO 550 Week 3 Discussion

ECO 550 Week 3 Discussion

“Managing in the Global Economy and Outsourcing Offshore” Please
respond to the following:From the scenario for Katrina’s Candies, assuming the absence of
quantitative data, determine the qualitative forecasting techniques
that could be used within this scenario. Now, assume you have
acquired some time series data that would enable you to make
forecasts. Ascertain the quantitative technique that will provide
you with the most accurate forecast. When deciding whether or not
to outsource offshore, list the key factors aside from maximizing
profits that managers should consider. Determine the key factors
that you believe to be the most influential.

 

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