Business Strategy: Forecasting Methods

Est. Study Time: 1 hours
3 PDCs


A new marketing plan for Lion Industries is in the works between Winston Randolph’s top employees, and each has their own idea for which strategy the company should employ. Meanwhile, C.A.T. is continuing to look toward their future in order to plan their marketing methods and strategy. Take a look at the goals of each team as you venture on a forecasting journey with Sophie, a fellow student. Worth 3 PDCs (SHRM).
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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

How do I earn credits with VTR Learning?

Earning credits with VTR Learning is easy. Simply purchase one of our self-paced courses and complete it within a year. Afterward, you will be given a certificate of completion, which contains a code to submit to your certifying organization.

Can I earn free credits?

Yes, you can! For each organization we serve, we offer at least one free course, which can be found at the top of the Shop page. Once you have completed a course, whether free or paid, your certificate of completion will be available under “My Courses”.

How quickly do I receive my credits after completing a course?

Immediately! Once you have completed a course, you will have access to your certificate of completion/activity ID to submit to your organization to redeem your credits.

How long do I have to complete my course?

You have one year after beginning your course to complete it. After that year, your course will close automatically and no progress will be permitted.

What happens if I fail my course?

Your course will reset and you will be allowed to retake the course until you have met the passing requirements.

Do I earn a certificate of completion?

If you are looking to recertify with HRCI, SHRM, APA, and NASBA/AICPA, we offer a certificate of completion that can be used to redeem continuing education credit with these organizations. However, our courses are not accredited stand-alone and are not a certification in any way.

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