Scenario planning improves decision making by encouraging:
A)employees to engage in satisficing.
B)people to think about preferred solutions to problems long before they occur.
C)people to focus on solutions during the process of identifying problems.
D)bounded rationality.
E)employees to use their implicit favourite.

Question

Quizplus · Accepted Answer

Scenario planning involves thinking about various possible future scenarios and developing strategies to address them. By doing so, it helps individuals and organizations anticipate challenges and opportunities, and develop plans to respond to them in advance. By encouraging people to think about preferred solutions to problems long before they occur, scenario planning can improve decision making and help organizations be more proactive and strategic in their approach.

Scenario Planning Improves Decision Making by Encouraging