Business Forecasting Information Science free essay sample

Forecasting theory, impact of I.S. advances on business predictions, example (Living Centers of Amer.), contingency approach to management. IMPACTS OF ADVANCES IN INFORMATION SCIENCE ON BUSINESS FORECASTING Introduction Technology management is assuming greater importance in contemporary business organizations (Cyert Kumar, 1994, p. 333). Among other organizational benefits of the application of technological innovations in information science (IS) is an enhanced capability to perform business forecasts. This research examines the impacts of advances in IS on business forecasting.