Which of the following statements is true of a strategic enabler? ...

[SO00]

Which of the following statements is true of a strategic enabler?
 
  A) It enables research and innovation in an organization.
  B) It reduces expenses in the day-to-day operations of a business.
  C) It transforms a business or helps build a new business model.
  D) It differentiates a product or services from a competitor's offerings.

Question 2

What is forecasting and how does it work?
 
  What will be an ideal response?

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Answer to Question 1

C

Answer to Question 2

Forecasting tools usually analyze historical and seasonal trends and then take into account existing and predicted business conditions to estimate some variable of interest, such as customer demand or projected revenue. Forecasting tomorrow's demand, next month's sales, or next year's stock price relies especially on statistical decision support tools. For example, forecasting will depict the relationship between the summer season and an increase in the sale revenue of ice cream.

[SO00]

TY

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