OPS 571 Week 5 DQ 2in Business (Education) by nerdythetutor
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Week 5 Discussion Question 2
What role does competitive intelligence play in international business forecasting? Which qualitative techniques are most affected by international differences?
Competitive intelligence is a systematic and ethical program for gathering, analyzing, and managing any combination of Data, Information, and Knowledge concerning the Business environment in which a company operates that, when acted upon, will confer a significant Competitive advantage or enable sound decisions to be made. Its primary role is Strategic early warning.
Forecasting has proven beneficial for all types of industries and business functions. A business intelligence forecasting, can improve customer retention, manufacturers can accurately envisage inventory requirements, financial services...