25 Jul BUSINESS STRATEGY DICTIONARY AND GLOSSARY – PART 2: f-M
FForecastingForecasting is the process of estimating future conditions using historical data, market analysis, and informed assumptions.Organizations use forecasting to anticipate demand, allocate resources, develop budgets, and prepare strategic plans.Functional StrategyA functional strategy outlines how individual departments such as marketing, finance, operations, human resources, or information...
