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	Business Forecasting

	"Forecasting" is seeing in advance, or anticipating, future trends. It differs widely both in the degree of anticipation and in definiteness. Sometimes the problem of the forecaster is to anticipate day-to-day changes in the market for some commodity, such as cotton; again, it may be to foretell the course of commodity prices in general during the next decade. In one case it may be sufficient to indicate merely whether the trend will be up or down, while in another case it is essential to decide how sharp the anticipated movement will be. Again, the forecaster may be asked to express an opinion as to the duration of a movement or even its probable extent.

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see also:

▪	Business Alliances

▪	Business Communication

▪	Business Cycles

▪	Business Ethics

▪	Business Statistics

▪	Business and Politics

▪	Business in Great Britain

▪	Business in Japan

▪	Division of Labor and Society

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▪	Small Business

▪	Small Business Policy

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