Asked by Hunter Kinnett on Jun 20, 2024
Verified
What is the final step in the scenario analysis process?
A) assessing strategic alternatives
B) developing multiple scenarios
C) identifying significant drivers
D) planning for each scenario
Strategic Alternatives
Options considered by a company to achieve its business objectives, including growth strategies, new market entry, mergers, acquisitions, and restructurings.
Final Step
The last stage in a process or sequence of actions, typically signifying conclusion or completion.
- Learn the procedural steps in scenario analysis, from defining scope to planning for identified scenarios.
Verified Answer
AM
Anwar MarounJun 20, 2024
Final Answer :
A
Explanation :
The final step in the scenario analysis process is assessing strategic alternatives. After developing multiple scenarios and identifying significant drivers for each, and planning for each scenario, the next step is to assess the strategic alternatives that emerge from these scenarios to make informed decisions.
Learning Objectives
- Learn the procedural steps in scenario analysis, from defining scope to planning for identified scenarios.
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