Medical Definition of melena. : the passage of dark tarry stools containing decomposing blood that is usually an indication of bleeding in the upper part of the digestive tract and especially the esophagus, stomach, and duodenumâcompare hematochezia.
A forecast analyst's job is to research how to capitalize on existing trends as well as identify new and developing trends and sales opportunities in the market. A bachelor's degree is necessary for most forecast analysis positions, and a master's degree is often preferred for higher-level roles. Source: *U.S.
Related Terms: Business Planning; Sales Forecasts. Forecasting can be broadly considered as a method or a technique for estimating many future aspects of a business or other operation. Planning for the future is a critical aspect of managing any organization, and small business enterprises are no exception.