Question: Briefly compare qualitative and quantitative forecasting in 1 - 2 paragraphs. Identify a few pros and cons of each, and mention an industry each might

  • Briefly compare qualitative and quantitative forecasting in 1 - 2 paragraphs. Identify a few pros and cons of each, and mention an industry each might be suited for.
  • How has globalization changed the practice of forecasting? Have methodologies / timing / geographical markets changed?
  • Select an industry. How do you think companies in that industry should adjust their forecasting because of the world-wide pandemic? Suggest a forecasting method or two and tell us why.

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