Question: explain what forecasting is. Do you have any good (or bad) examples of forecasting done by firms with which you are familiar? As the financial

explain what forecasting is. Do you have any good (or bad) examples of forecasting done by firms with which you are familiar? As the financial manager in developing forecast for the firm, where would you go to in order to start your forecast and refine it with more accurate future projections concerning interest rates, raw material prices, and the like to build your estimates?

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