Asked by Tanya Woods on Jul 16, 2024
Verified
__________ identifies alternative future scenarios and makes plans to deal with each.
A) Plan orientation
B) Scenario planning
C) Advantage planning
D) Task planning
E) Change management
Scenario Planning
Identifies alternative future scenarios and makes plans to deal with each. In a fast-changing and unpredictable world, it is often necessary to have multiple scenarios for planning purposes.
Future Scenarios
Hypothetical or predictive models that outline possible events or developments based on current trends or conditions.
Alternative
A different option or choice available in a situation, offering a variation from the usual.
- Distinguish between various planning tools and techniques, including forecasting, budgeting, and scenario planning.
Verified Answer
Learning Objectives
- Distinguish between various planning tools and techniques, including forecasting, budgeting, and scenario planning.
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