Scenarios:

Question

Scenarios:

Quizplus · Accepted Answer

Scenario planning is a tool used to envision possible futures that might lie outside of the organization's traditional frame of reference. It allows organizations to explore a range of plausible futures, identify potential challenges and opportunities, and develop strategies to navigate them.

B is incorrect because scenario planning does not involve presenting stories about possible futures to line managers.

C is incorrect because scenario planning does not rely solely on past data but instead uses a range of inputs to create plausible scenarios.

D is incorrect because scenario planning does not rely on past stories presented to line managers.

E is incorrect because scenario planning is a widely used methodology for strategic planning and decision-making. It allows organizations to prepare for potential futures and make informed decisions based on a range of possible outcomes.