A multidomestic company identifies a risk that regulations in some national markets will likely change over time. Such changes could impact product design and distribution in each market and have varying impacts on the company's financial success. What technique would best address the possible impacts of this risk when formulating strategic plans?
A)standard operating procedure planning
B)single-use planning
C)SWOT analysis
D)vertical integration
E)scenario planning

Question

Quizplus · Accepted Answer

Scenario planning is a technique used to anticipate and prepare for possible future changes by considering various potential scenarios and their impacts, making it suitable for addressing regulatory changes in different markets.

A Multidomestic Company Identifies a Risk That Regulations in Some