Question

The time horizon of a long-term forecasts is determined by ____________.

• A. Nature of the business
• B. Length of the operating cycle
• C. Life cycle of the product, in which the business is dealing in
• D. All of the above
• E. Both (B) and (C)

Answer 1

The correct option is D All of the above

The nature of the business, length of the operating cycle and life cycle of the product are factors which effect the time horizon.