Ivy League business schools far behind the time

Article Abstract:

Business managers have to be adept in business forecasting to be able to make effective decisions. Unfortunately, however, the business schools that are supposed to train students to become well-rounded businessmen do not even include forecasting courses in their curricula. Among the six Ivy League schools which have business graduate programs, only Cornell University and University of Pennsylvania offer forecasting subjects. There is an urgent need, therefore, for business schools to make forecasting courses a fundamental part of their curricula.

Colleges and universities, Education, Curricula, Study and teaching, Executives, Business schools, Business students

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Forecasting at Colgate-Palmolive Company

Article Abstract:

Sales forecasting manager Sylvester Cristo believes that forecasters should make moreuse of statistical models to provide baseline data in their work as their job attains a more professional image. At Colgate-Palmolive Co, his work involves shipment-based forecasting to provide information for determining sales quotas and disposing of excess inventory. His duties require close cooperation with related agencies within the company, such as the finance and marketing departments.

Toilet preparations, Soap and other detergents, Toiletries industry, Colgate-Palmolive Co., Cristo, Sylvester

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Forecasting at McCormick & Company

Article Abstract:

Troy A. Geesaman, production forecaster at the McCormick and Company Inc's McCormick/Schilling Div, talks about his job responsibilities. Geesaman says his main task is predicting sales for each of his firm's products. He bases his projections on sales and marketing trends and other variables. He also consults other personnel before making any final forecasts. Furthermore, Geesaman mentions that his division also employs a financial and a field sales forecaster.

Food preparations, not elsewhere classified, Forecasts and trends, Sales forecasting, Spice industry, Geesaman, Troy A., McCormick and Company Inc. McCormick/Schilling Div.

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