Forecasting for Operations

Think about a company that interests you. Pretend you're forecasting the operating budget (revenues and costs) for next year.

Answer the following questions about your chosen company. Remember to demonstrate your professionalism through proper grammar, complete sentences, and professional tone.

1)What company did you choose? What industry?

2) Are there any major changes the company might make?

3) Are there any major changes apparent in its industry (technologies, competitors, product demand, etc.)?

4) Do you expect any changes to the macroeconomy?

5) What are the biggest challenges in forecasting the revenues? What are the biggest challenges in forecasting the costs?