The impact of planning and forecasting in business economy : A Comparative Analysis of Douala, Cameroon and Helsinki, Finland
Pascal Shu, Muyuka (2023)
2023
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2023061624065
https://urn.fi/URN:NBN:fi:amk-2023061624065
Tiivistelmä
The thesis examines the impact of planning and forecasting economy of Cameroon in comparative relation to the economy of Finland. The study further examines the importance of planning and fore-casting, and the extent to which it can rapidly grow the business economy of Cameroon and Finland in comparative terms. Therefore, the major aim of the study was to assess the impact of planning and forecasting on the growth of the business economy of Cameroon in comparison to the economy of Finland.
The case study model was the method used in analysing data for the thesis. The qualitative technique was used to gather information/data that was put together using secondary sources. Additionally, secondary data was collected from internet websites, journals, library, e-books, and other online articles. The city of Douala, Cameroon and the city of Helsinki, Finland constituted the case study for the thesis.
To summarise, at the end of the study, it was discovered that the degree to which planning, and fore-casting are effectively practiced and to which they enhance growth in the business economy of Cameroon is lower when compared to the business of economy of Finland. It was also discovered that the technological and digital development of Cameroon was still very low when compared to the business economy of Finland which have gone far in technology and digital developments. Thus, low techno-logical and digital development constituted a major reason for the poor impact of planning and forecasting in the business economy of Cameroon.
The case study model was the method used in analysing data for the thesis. The qualitative technique was used to gather information/data that was put together using secondary sources. Additionally, secondary data was collected from internet websites, journals, library, e-books, and other online articles. The city of Douala, Cameroon and the city of Helsinki, Finland constituted the case study for the thesis.
To summarise, at the end of the study, it was discovered that the degree to which planning, and fore-casting are effectively practiced and to which they enhance growth in the business economy of Cameroon is lower when compared to the business of economy of Finland. It was also discovered that the technological and digital development of Cameroon was still very low when compared to the business economy of Finland which have gone far in technology and digital developments. Thus, low techno-logical and digital development constituted a major reason for the poor impact of planning and forecasting in the business economy of Cameroon.