Kovács, Zoltán (2012) The key to competitiveness: Forecast. Acta Oeconomica, 62 (4). pp. 505-518. ISSN 0001-6373
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Abstract
There are many factors which have an influence on business results, amongst them planning, which uses forecast information. Therefore, a reliable forecast is vital for an appropriate plan. This paper examines the tie between the goodness of forecasting and company results. Mean relative error (MRE, MRD) is the indicator for forecast, assets, financial condition, market share and others for results. Data for the analysis was obtained through business simulation games from the past 10 years. Knowing that in competition not only absolute values of indicators, but rank numbers are also important, rank correlation is analysed too.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában |
| Depositing User: | xKatalin xBarta |
| Date Deposited: | 20 Dec 2016 09:33 |
| Last Modified: | 20 Dec 2016 09:33 |
| URI: | http://real.mtak.hu/id/eprint/43578 |
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