This article throws light upon the top six methods of business forecasting. The methods are: 1. Bottom-up Method 2. Top-down Method 3. Historical Method 4. Deductive Method 5. Joint Opinion Method 6. Scientific Business Forecasting. Business Forecasting: Method # 1. Bottom-up Method: Under this method various departments of an enterprise collect their own information/data and prepare their own forecasts. On [...]
This article throws light upon the top eight methods of performance appraisal. The methods are: 1. Ranking 2. Person to Person Comparison 3. Grading 4. Graphic Seals Method 5. Check List 6. Forced Choice Description Method 7. Critical Incidents Method 8. Essay Description. Performance Appraisal: Method # 1. Ranking: It is the oldest and simplest method of performance appraisal. The [...]
This article throws light upon the top four methods of measurement of risk. The methods are: 1. Range Analysis 2. Probability Distribution 3. Standard Deviation 4. Coefficient of Variation. Method # 1. Range Analysis: Where different returns from an asset are possible under different circumstances, more than one forecast of the future returns may be made. These returns may be [...]