As a part of its yearly planning activities,PDQ Financial Services generates a list of possible future forecasts of business situations and creates a plan to respond to each of these forecasts.PDQ Financial Services is practicing:
A)Single use planning
B)Ad hoc planning
C)Divisional-level planning
D)Scenario planning
E)Functional planning

Question

Quizplus · Accepted Answer

Scenario planning (also known as contingency planning)is the generation of multiple forecasts of future conditions followed by an analysis of how to respond effectively to each of those conditions.

As a Part of Its Yearly Planning Activities,PDQ Financial Services