Whereas quantitative refers to numeric and objective qualities that someone can measure, qualitative refers to subjective qualities that rely on opinion, observation or listening abilities.

Managers use different forecast methods to inform and support their decisions. A small business owner can use sales forecasts to determine if he should hire new employees, while the chief executive of ...

Financial forecasting is the act of estimating future financial outcomes for a business or an investment. It is a critical process in financial planning and decision-making. It employs statistical ...