Asked by Rhona Pearl Casuga on Sep 28, 2024
Verified
The scenario analysis process should result in ________ and ________ for each scenario.
A) drivers; tactics
B) futures; realities
C) strategies; tactics
D) drivers; strategies
Tactics
Short-term actions or strategies that are used to achieve a specific objective, often part of a larger strategy or plan.
Scenario Analysis
A process in strategic planning where various future states of the market or environment are evaluated to prepare or formulate strategies.
Process
A series of actions or steps taken in order to achieve a particular end.
- Recognize and distinguish among the critical components in scenario analysis, including drivers, strategies, and tactics.
- Understand the process of testing current strategies within different future scenarios to assess their viability.
Verified Answer
Learning Objectives
- Recognize and distinguish among the critical components in scenario analysis, including drivers, strategies, and tactics.
- Understand the process of testing current strategies within different future scenarios to assess their viability.
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