Explain challenges and limitations of financial forecasting

Explain challenges and limitations of financial forecasting

Strategic Management

A. What are some possible challenges and limitations of financial forecasting?
b. Describe how the Balanced Scorecard can be used to align the organization¿s strategy from general, to grand-strategy, to tactical, to individual operating unit.
c. Should both qualitative and quantitative measures be used to evaluate the effectiveness of your plan? Why or why not?

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