The intent of scenario planning is to __________.
A) predict future events that cannot be anticipated
B) prepare contingency plans that increase uncertainty
C) prepare for unexpected events
D) forecast random events
E) reduce uncertainty by playing out potential situations under different conditions

Question

Quizplus · Accepted Answer

The intent of scenario planning is to reduce uncertainty by playing out potential situations under different conditions. This approach enables decision-makers to design effective contingency plans and prepare for unexpected events. It is not possible to predict random events or events that cannot be anticipated. Contingency plans aim to increase certainty, while scenario planning helps to deal with uncertain situations.

The Intent of Scenario Planning Is to __________