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Given the importance of proper assumptions, your boss asked you to assess the accuracy of certain business assumptions and what could you do to test

Given the importance of proper assumptions, your boss asked you to assess the accuracy of certain business assumptions and what could you do to test or confirm the credibility of them. The following were major assumptions for each firm:

  • An automobile manufacturer's assumption that the demand for SUVs would continue because gas prices would continue to rise
  • An airline's assumption that there was a need for an airline that provided no added amenities

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