Required Words: 1000
An organization faces several internal and external risks in
economic decision, such as high competition, failure of technology,
labor unrest, inflation, recession, and change in government
laws.Therefore, most of the business decisions of an organization
are made under the conditions of risk and uncertainty.An
organization can lessen the adverse effects of risks by determining
the demand or sales prospects for its products and services in
future. Demand forecasting is a systematic process that involves
anticipating the demand...