Some of the most commonly used forecasting techniques are as follows:- 1. Multiple Regression Analysis 2. Non-Linear Regression 3. Trend Analysis 4. Decomposition Analysis 5. Moving Average Analysis 6. Weighted Moving Averages 7. Adaptive Filtering 8. Exponential Smoothing 9. Modeling and Simulation 10. Probabilistic Models 11. Forecasting Error 12. Historical Analogy 13. Field Survey 14. Opinion Poll 15. Business Barometers [...]
A joint venture refers to joining together of any two businesses for a common purpose and mutual benefit. These two organisations may be private, government-owned or a foreign company. Joint venture maybe for either long term or short term duration. Learn about:- 1. Introduction to Joint Venture 2. Meaning and Scope of Joint Venture 3. Features 4. Formation 5. Situations [...]
Cohesiveness refers to the degree of unity in a group. It shows the extent to which the members are attracted to each other while working towards the goal or to satisfy the social and emotional needs of its members. Members of a highly cohesive group develop some common characters- they respect everyone, fully commit to group decisions, create accountability among [...]