PROGRESS IN THE ADAPTIVE FORECAST MANAGEMENT OF THE ECONOMIC ORGANIZATIONS

Marin Andreica, M?d?lina Ecaterina Popescu and Drago? Micu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2014, vol. 8, issue 1, 378-388

Abstract: In times of economic instability a cautious and adaptive forecast management is greatly needed. There is the risk of consuming the resources in order to achieve specific objectives that have no market and, implicit, the risk of bankruptcy. Practically, in any given time the decision makers need to have alternative evolution strategies for different evolution hypothesis of the business environment. The authors come to meet these by developing an interactive system of assisting adaptive forecast management for economic organizations.

Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:8:y:2014:i:1:p:378-388

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