An organization's mission is the foundation upon which planning relies. After analyzing the future environment that is anticipated, both within and outside the organization, specific goals, objectives and strategies can be developed.
This clip explores the management function known as planning. The clip explains that it is important to establish clear goals and forecast trends and events in order to make good decisions. Nonetheless, the clip notes, planning is often neglected in...
The accuracy of forecasting affects every aspect of the planning process. Perhaps the most critical part of forecasting is the sales forecast.
Once an El Nino event is underway, scientists have a good idea of how it's likely to behave over the subsequent six to nine months. But predicting the onset of such events in advance has proven to be very difficult.
Although a great deal of progress has been made in the field of meteorological research, there is much that remains a mystery, at least in part because the climate system is so unpredictable.
Some of the most important research currently underway in the field of meteorology involves hurricanes.
In large part due to computer modeling and data from satellites, meteorologists are making significant progress in their efforts to increase both the accuracy and the utility of their forecasts.