The Blackwell Group is unable to obtain financing for any new projects under any circumstances.Which term best applies to this situation?

Question

Quizplus · Accepted Answer

Hard rationing refers to a situation where no financing is available under any circumstances, which matches the given scenario. Contingency planning, sensitivity analysis, and scenario analysis are all methods for dealing with uncertainty or potential risks but do not necessarily involve a complete lack of financing. Soft rationing involves the allocation of limited financing resources, which is not applicable here.

The Blackwell Group Is Unable to Obtain Financing for Any