Asked by Tanya Woods on Jul 16, 2024

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__________ 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.
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Verified Answer

AG
Alexandra GarciaJul 16, 2024
Final Answer :
B
Explanation :
Scenario planning is the process of identifying alternative future scenarios and making plans to deal with each. This approach helps organizations anticipate possible futures and prepare strategies to navigate or influence those futures effectively.