What Is Business Forecasting?

The communication business forecast refers to the process by which postal and telecommunications companies infer future communication traffic using specific calculation and analysis methods based on past relevant data. Business forecasting is the basis for enterprises to organize production and operation activities and plan the production capacity needed in the future; it is the premise and basis for correctly predicting corporate profits, costs, and funds; enabling enterprises to grasp the changes in the external environment of production and operation in a timely manner, and scientifically formulate Business strategy. ^[1]