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WK 2 - DQ 12 - errors” Now we all know that errors in any...

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MGT/498 – Strategic Management University of Phoenix Professor:  TUGTEKIN GOKAYDIN Katie Williams 12/12/2011 Week 2 – Assignments Discussion Question #12: In the Week-2 assigned readings, what ONE concept was most intriguing to you and why? I think the most intriguing thing I read this week was in Chapter 4. I did not realize how  forecasting or making assumptions could cause so many errors. For instance, in our textbook on  page 123, I read that “faulty underlying assumptions are the most frequent cause of forecasting 
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Unformatted text preview: errors”. Now we all know that errors in any situation can cause many issues in the long run. But what I found the most intriguing is the fact that most managers who help formulate and implement their strategic plans are not aware that in order to succeed they must make some type of basic assumptions. So I think any manager who formulates and implements strategic plans regularly, should research useful forecasting techniques....
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  • Spring '12
  • TugtekinGokaydin
  • Useful Forecasting Techniques, Katie Williams, faulty underlying assumptions, Strategic Management University, Week­2 assigned readings

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