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Budgeting & Forecasting: Three environmental conditions impacting a forecast

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Identify a minimum of three current environmental conditions that would impact the preparation of a forecast. Explain how and why they would impact a forecast. Examples are weather conditions, government regulations, war, political unrest, etc.

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This solution describes environmental factors that could affect a forecast. It is 315 words.

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Right now there are a number of factors that will affect the fuel cost for transporting goods. The government is still fighting to pass Cap N Trade which will regulate energy sources and impose new taxes. The same bill will attempt to restrict the profitability of the oil companies by a number of means. First, they will impose new regulations that will incur internal costs to enforce. They will impose high ...

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