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.

1. List the elements of a good forecast. -The forecast should be timely. -The forecast should be accurate. -The forecast should be reliable. -The forecast should be expressed in meaningful units. -The ...

This post originally appeared at American Express OpenForum. Whether it's Gap officials determining how many sweaters to stock on their shelves or a local diner making waitstaff decisions, businesses ...

When small business customers are ready to buy an item, it's common for them to want to purchase the item as soon as possible. If one business doesn't have the product in stock, the customer will ...