A technique that allows organizations to consider potentially dramatic shifts in their business environments over a set time frame and to map out a set of actions that can be taken should warnings of those shifts occur is called
A) scenario analysis.
B) secular trend analysis.
C) crisis management
D) likely impact analysis

Question

Quizplus · Accepted Answer

Scenario analysis is a strategic planning method used to make flexible long-term plans by considering potential future events and their impacts, allowing organizations to prepare for various possible shifts in their business environments.

A Technique That Allows Organizations to Consider Potentially Dramatic Shifts