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diamong [38]
3 years ago
14

Kendall’s Home Decorators believes that the demand for its services will expand greatly because a real-estate developer has just

purchased 100 acres in town. The developer is planning to build 1,000 condominium units on the property. The managers of Kendall’s Home Decorators are making a projection for the future, also known as a _____ .
(A) forecast
(B) strategic planning
(C) mission
(D) competitive intelligence
Business
1 answer:
gtnhenbr [62]3 years ago
7 0

Answer: The managers of Kendall’s Home Decorators are making a projection for the future, also known as a <em><u>forecast.</u></em>

<em>Forecasting is know as the technique of predicting future supported on past and present event or data , commonly done by analyzing trends. </em>

<em>Here in this case the managers of Kendall’s Home Decorators are predicting the demand.</em>

<u><em>Therefore the correct option is (a)</em></u>

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Answer:

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