Final answer:
The article discusses Doordash's use of analytics and forecasting to make informed business decisions in the face of economic challenges, drawing a parallel to how farmers have evolved in using information for crop planning.
Step-by-step explanation:
The Wall Street Journal article "How Doordash Uses Analytics and Forecasting Amid Economic Uncertainty" details how Doordash utilizes current data and analysis to navigate the changing economic landscape. With updated financial, demographic, and employment data, Doordash employs cause-and-effect relationships and context to understand and adapt to trends. The article emphasizes the importance of balanced analysis in forming policies and shaping opinions in response to economic indicators. As companies like Doordash contend with fluctuations in markets and consumer behaviors, they leverage data to make informed decisions—much like how farmers have shifted from traditional almanacs to modern forecasting through the National Oceanic and Atmospheric Administration and the Weather Channel. This enables agile responses to current and upcoming conditions, thus optimizing business operations during times of economic uncertainty.