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Which of the Following Is Correct About Scenario Analyses

Question 32

Multiple Choice

Which of the following is correct about scenario analyses?


A) The objective of the process is to forecast the future.
B) The scenario building team identifies the driving forces and "critical certainties" in a decision and prioritizes them.
C) By anticipating the future and recognizing the warning signs of turbulence ahead, managers can develop more effective strategies.
D) The process extrapolates from past data to build scenarios for guiding decision making.
E) Managers develop best-case, worst-case, and most likely scenarios to guide decision making.

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