Question: Managerial decision-making is forward-looking and predictive. Predictive power suggests certain results. Whether building a stock model intended to predict stock price or a business decision
Managerial decision-making is forward-looking and predictive.
Predictive power suggests certain results. Whether building a stock model intended to predict stock price or a business decision model, economic models are more an art than a science.
Provide examples of different Excel-type models used by companies to make economic-type decisions.
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