Question

it is a planning tool that helps entrepreneur copes up with uncertainties in the future operation of the business​

Answer 1

Explanation:

Forecasting is a tool used in planning that aims to support management or a business owner in its desire to adjust and cope up with uncertainties of the future.

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Answer 2

Answer:

Forecasting is a planning tool that helps entrepreneur copes up with uncertainties in the future operation of the business​

Explanation:

Forecasting is a tool utilized in arranging that expects to help management or a business proprietor in its craving to change and adapt to vulnerabilities of the future.

Forecasting relies upon information at various times and makes significant assessments of incomes and expenses. Forecasting incomes and expenses are equivalent to weather conditions forecasting, however forecasting incomes and expenses are with regards to business.

Business visionaries use forecasting procedures to decide occasions that could influence the activity of the business, for example, deals assumptions, costs brought about in the business as well as the benefit that the business is procuring. Making informed estimates lessons takes a chance that may be capable by the business person in the future.