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Discuss the concepts of seasonality and trend

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Reference no: EM133087186

Identify a forecasting technique used in most places of employment to make an important budgetary decision. Discuss the following:

-The type of forecasting process and why this technique was utilized.

-Discuss the concepts of seasonality and trend as they relate to a specific decision and outcome.

-How does this decision impact the budget?

-How does this decision impact strategic planning for units/divisions in the organization?

Reference no: EM133087186

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