Business Strategy: Forecasting Methods

Estimated Time: 2.5 hours

$49.00

Earn 3 Points for Completing

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UPDATED 2024: In order to better understand the different forecasting methods used to create business strategies, you will sit in on executive meetings at Lion Industries, where a marketing plan is being considered by top employees. Then, you will have the chance to observe C.A.T. Enterprises as the business leaders plan their future marketing strategies. Ultimately, by assessing the different methods and ideas between these two corporations, you will learn how forecasting is used in organizational goal setting. Course Type: Business Simulation. Worth 3 PDCs (SHRM).

Credits

3 PDCs
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Learning Objectives

  • Learn how to identify strategic issues in an organizational setting
  • Become familiar with economic indicators and how to predict changes in sales
  • Understand the concept of the strategy pyramid and its relation to business functions
  • Gain knowledge on transformational and operational approaches to business and forecasting

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SHRM: VTR is recognized by SHRM to offer SHRM-CP or SHRM-SCP professional development credits (PDCs). This program is valid for 3 PDCs. For more information about certification or recertification, please visit shrmcertification.org.